Morgan Stanley Queried by Moolenaar Over Chinese Mining Firm

House China Panel Chair John Moolenaar writes to Morgan Stanley CEO Ted Pick to demand information on the bank’s ties to a subsidiary company of Zijin Mining Group, which is listed on the US’ Uyghur Forced Labor Prevention Act Entity List, according a statement.

• Morgan Stanley assisted with a Zijin Mining Group subsidiary’s IPO in September 2025, Moolenaar writes
• “The House Select Committee on China is reviewing U.S. financial institutions’ involvement in underwriting initial public offerings (IPOs) of Chinese companies with known ties to the Chinese military or to illegal labor practices,” the letter says

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