Huan Qiu Wang·2025-11-14 07:56Core Viewpoint - Morgan Stanley is under investigation by the U.S. House of Representatives' China Select Committee regarding its due diligence in underwriting the IPO of Zijin Mining Group, which is linked to allegations of forced labor in Xinjiang [1] Group 1: Company Investigation - The investigation focuses on whether Morgan Stanley conducted adequate due diligence during the underwriting process for Zijin Mining Group's IPO [1] - The controversy arises from Zijin Mining's association with allegations of forced labor in Xinjiang, leading to its blacklisting by the U.S. [1] Group 2: Government Response - The Chinese Foreign Ministry spokesperson dismissed the allegations of forced labor in Xinjiang as fabrications by anti-China forces [1] - The spokesperson criticized the U.S. institution for its lack of credibility and accused it of political manipulation that ultimately harms U.S. interests and reputation [1]