Group 1 - The announcement by Bank of China regarding adjustments to trading margin ratios and limits for gold and silver futures contracts in response to market conditions ahead of the 2026 Spring Festival [1] - The trading suspension period is from February 14, 2026, to February 23, 2026, with normal trading resuming on February 24, 2026 [1] - The margin ratio for gold futures contracts on the Shanghai Gold Exchange is increased from 18% to 21%, while Bank of China's margin ratio for gold contracts rises from 47.52% to 55.44% [1] - The price fluctuation limit for gold futures is adjusted from 17% to 20% starting February 11, 2026 [1] - The margin ratio for silver futures contracts on the Shanghai Gold Exchange is increased from 24% to 27%, and Bank of China's margin ratio for silver contracts rises from 68.88% to 77.49% [1] - The price fluctuation limit for silver futures is adjusted from 23% to 26% starting February 11, 2026 [1] Group 2 - The recent uncertainty in the precious metals market has led to significant price volatility, prompting a need for risk management [2] - It is advised to control the scale of precious metal holdings based on individual financial conditions and risk tolerance to mitigate potential losses from price fluctuations [2]

Core Viewpoint - China Bank announced adjustments to margin levels and price fluctuation limits for silver and gold deferred contracts to protect investor rights and mitigate market risks based on notifications from the Shanghai Gold Exchange [1] Group 1: Silver Deferred Contracts - Starting from the close on February 3, 2026, the margin ratio for silver deferred contracts on the Shanghai Gold Exchange will be adjusted from 26% to 23% [1] - The margin multiplier for China Bank's silver deferred contracts will change from 254% to 287%, resulting in a customer margin ratio adjustment from 66.04% to 66.01% [1] - The price fluctuation limit for silver deferred contracts will be reduced from 25% to 22% starting from February 3, 2026, at 20:00 [1] Group 2: Gold Deferred Contracts - Starting from the close on February 4, 2026, the margin ratio for gold deferred contracts on the Shanghai Gold Exchange will be adjusted from 16% to 17% [1] - The customer margin ratio for China Bank's gold deferred contracts will be adjusted from 42.24% to 44.88% [1] - The price fluctuation limit for gold deferred contracts will be increased from 15% to 16% starting from February 4, 2026, at 20:00 [1]