Kyen Resources, backed by China's leading supply chain management company, has launched its office in Singapore in 2014. The company focuses on physical commodity trading with goals to develop other integrated businesses in logistics, mining and warehousing. Kyen's objective is to become an international trading house engaging in global business with producers, trading houses, and end users in their respective regions.
Reuters: Targeting global trading power, top metals user China taps Singapore
SYDNEY, Aug 15 - Chinese metals traders have opened offices and hired top talent in the Asian financial hub of Singapore over the past year, aiming to capture opportunities created by the exit of a string of Western banks from the global commodities trading business.
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