Nan Fang Du Shi Bao·2025-11-03 04:19Core Points - The Industrial and Commercial Bank of China (ICBC) announced the suspension of certain "Ruyi Gold Accumulation" business applications effective November 3, 2025, due to macroeconomic policy impacts and risk management requirements [1] - The suspension includes the opening of new accounts, active accumulation, new fixed accumulation plans, and requests for physical withdrawals, while existing customers' plans and redemptions will remain unaffected [1] Summary by Sections - Business Overview - "Ruyi Gold Accumulation" is a gold accumulation business offered by ICBC, functioning similarly to a fund investment in gold [2] - This service allows customers to open accounts to record their purchases of ICBC's Ruyi gold bar products over a specified period [2] - Impact of Announcement - The decision to suspend the business is attributed to the influence of macroeconomic policies and the bank's internal risk management protocols [1] - Existing customers will not be impacted in terms of their current fixed accumulation plans and can still redeem or close their accounts [1]