Qingdao Port Probe Said to Focus on Loans to Decheng

China’s investigation of whether metals stockpiled at Qingdao Port fall short of collateral obligations used to secure loans is focused on Decheng Mining, said two bankers assisting with the probe.

Decheng’s owner, Chen Jihong, has been detained as public security officials look into the case at the northeastern port and continue a separate inquiry in northwestern Gansu province, said the bankers, who asked not to be named because they aren’t authorized to speak publicly. Singapore’s foreign ministry said it is providing consular assistance to Chen.