Core Viewpoint - Multiple cities in China have adjusted their housing provident fund loan policies, extending the maximum loan age limit to 68 years for men and 63 years for women, aligning with the gradual retirement age increase policy [1][19]. Policy Adjustments - Beijing has set the maximum age for housing provident fund loan applicants to 68 years for men and 63 years for women, effective from December 31, 2024, with a maximum loan term of 30 years [3][4]. - Chongqing has announced similar adjustments, with the same age limits and loan term, effective from January 1, 2025 [6]. - Harbin has also extended the maximum loan age to 68 years for men and 63 years for women, effective from January 1, 2025 [7]. - Xi'an has set the maximum loan age to the statutory retirement age plus five years, with a maximum loan term of 30 years [9]. - Kunming has implemented the same age limits, effective from March 24, 2025 [12]. - Qingdao has adjusted the loan age limits to 68 years for men and 63 years for women, effective from March 27, 2025 [14]. - Jiangmen has revised its loan management rules, allowing loans up to the statutory retirement age plus five years, effective from April 1, 2025 [16]. - Zhengzhou is in the process of adjusting its loan age limits, proposing the same age criteria, with a consultation period from April 23 to May 6, 2025 [17]. Characteristics of Policy Changes - The adjustments generally extend the age limit to 68 years for men and 63 years for women, creating a dual constraint mechanism of "statutory retirement age + 5 years" [19]. - The changes are synchronized with the national gradual retirement policy, reflecting a broader demographic shift and the need to accommodate an aging population [19][20]. Risk Management for Banks - Banks are required to balance the release of policy benefits with risk management, ensuring support for reasonable housing demand while strengthening risk control for high-age loans [2][20]. - The adjustments aim to reduce monthly payment burdens for borrowers, potentially stimulating housing demand and stabilizing the real estate market [20]. - Banks may face increased risks associated with longer loan terms, including interest rate and default risks, necessitating more detailed assessments of borrowers' creditworthiness and repayment capabilities [20].