ICBC(SH:601398) Jin Rong Shi Bao·2026-01-07 02:26Core Viewpoint - Major state-owned banks in China are tightening the risk assessment requirements for personal gold accumulation business to protect individual investors amid market instability [1][3]. Group 1: Policy Changes - Starting from January 12, 2026, personal clients must undergo a risk assessment and achieve a minimum rating of C3-Balanced or above to engage in gold accumulation activities [3]. - Existing clients with valid risk assessment results are exempt from re-evaluation for transactions such as redemption and account cancellation [3]. Group 2: Industry Trends - Other banks, including Ningbo Bank and Citic Bank, have also raised the risk assessment thresholds for gold accumulation products, indicating a broader trend in the banking sector [4]. - The minimum investment amount for gold accumulation products has been increasing, with many banks raising the threshold to 1,000 yuan since 2025 [4]. Group 3: Market Context - The tightening of gold accumulation business is closely linked to the rising gold prices, which have continued to increase into 2026, with spot gold surpassing 4,400 USD per ounce on January 5, 2026, marking a 1.9% daily increase [4].