Core Viewpoint - The five-year large denomination certificates of deposit (CDs) are becoming increasingly rare as major banks like Industrial and Commercial Bank of China, China Merchants Bank, and CITIC Bank have begun to withdraw these products from the market, indicating a strategic shift in response to declining interest margins [1] Group 1: Market Trends - Major banks and some city commercial banks have removed five-year large denomination CDs from their offerings, with some banks reducing the maximum term for available CDs to two years [1] - This trend reflects banks' proactive adjustments to manage declining interest margins and to lower funding costs [1] Group 2: Strategic Adjustments - Banks are lowering the interest rates on long-term large denomination CDs and even suspending the issuance of three- and five-year products to avoid locking in high-interest liabilities [1] - The aim of these adjustments is to mitigate the risk of future cost and revenue mismatches in funding [1]