Core Viewpoint - China Construction Bank announced adjustments to its personal accumulation gold business, effective November 15, enhancing liquidity management and customer communication transparency [2][9]. Summary of Key Points Changes in Trading Quotation Mechanism - The new rules clarify the authority for price adjustments, explaining the causes of buy-sell spreads and detailing the execution rules for spreads [3][4]. - The buy-sell spread is no longer fixed, allowing the bank to adjust it based on market conditions, trading positions, and liquidity [6][9]. Buy-Sell Spread Details - The buy-sell spread represents the difference between the bank's buying and selling prices, impacting the immediate trading costs for investors [5][6]. - The new rules specify that the buy-sell spread may vary and does not require prior announcement for adjustments [6][9]. Changes in Redemption Rules - The definition of "net redemption" is introduced, where net redemption exceeding 20% of the previous day's total accumulation is classified as a "large redemption" [9]. - The new rules provide clearer measures for handling large redemptions, allowing the bank to reject only the excess portion of redemption requests beyond the threshold [9].
建行再调积存金规则 对你的黄金投资有何影响?