Core Viewpoint - The recent trend of banks, including state-owned and joint-stock banks, lowering deposit rates has prompted a swift response from city commercial banks, leading to concerns among depositors about potential losses in interest income [1][5]. Group 1: Deposit Rate Adjustments - Multiple small and medium-sized banks have reduced their deposit rates, with Shanghai Huari Bank lowering its rates for various terms, including a 10 basis point reduction for 3-year deposits to 2.4% [5]. - Agricultural Bank of Shanghai and Beijing Bank have also adjusted their rates, with significant reductions across various terms, indicating a broader trend of rate cuts among banks [5][8]. - The average reduction in deposit rates has been greater than the reduction in the Loan Prime Rate (LPR), reflecting banks' efforts to protect their net interest margins [8][10]. Group 2: Investor Reactions and Strategies - Individual investors, like a woman from Hangzhou, express frustration over missing out on higher interest rates due to the timing of rate cuts, highlighting the emotional impact of these financial decisions [2][3]. - Financial advisors suggest that in a low-interest-rate environment, investors should consider diversifying their asset allocation beyond traditional bank deposits to include higher-yielding products such as money market funds and bonds [10][11]. - Experts recommend that households reduce their reliance on bank deposits and explore options like large-denomination certificates of deposit and structured deposits for better returns [11].