Financials Sep 16, 2021 07:50 AM (GMT+8) · EqualOcean
Financial Associated Press, September 16 - suspend business, reduce position balance and do a good job in position management... Commercial banks are continuing to tighten foreign exchange and precious metals related businesses. According to incomplete statistics, since this year, China CITIC Bank, China Merchants Bank, Huaxia Bank, industrial and Commercial Bank of China and other banks have adjusted their foreign exchange trading business, and many banks such as China Construction Bank, Bank of China, postal savings bank, industrial bank and Shanghai Pudong Development Bank have issued restrictive measures on precious metal business. In this regard, Zhou Maohua, the financial market analyst of Everbright Bank, analyzed that recently, some banks tightened their precious metal business mainly to prevent potential risks.

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