Core Viewpoint - The article discusses recent adjustments made by major Chinese banks, specifically China Construction Bank and CITIC Bank, to their gold accumulation services, highlighting changes in investment thresholds, transaction pricing, and redemption rules in response to market conditions and liquidity management. Group 1: Changes in Investment Thresholds - CITIC Bank has increased the minimum investment amount for its gold accumulation plan from 1000 RMB to 1500 RMB starting November 15, 2025 [1] - China Construction Bank has also optimized its personal gold accumulation business rules, marking the fourth adjustment this year, which includes extending transaction times and raising the minimum investment amount [1] Group 2: Transaction Pricing Adjustments - The new rules clarify the pricing mechanism for transactions, including the authority to adjust quotes based on market conditions and the factors contributing to the buy-sell spread [2][3] - The buy-sell spread is no longer fixed, allowing the bank to adjust it in real-time based on market conditions, trading positions, and liquidity [4] Group 3: Changes in Redemption Rules - The concept of "net redemption" has been introduced, where a "giant redemption" is defined as when the net redemption requests exceed 20% of the previous day's total accumulation balance [8] - The new rules specify that only the portion exceeding the threshold will be rejected, providing more clarity and reducing uncertainty for investors [9]
建行再调积存金规则，买卖点差不再固定