Chinese leading banks including the four biggest state-owned lenders announced on Friday that they will suspend the opening of new accounts for their precious metal investment products amid rising volatility in global and domestic precious metal market.
Industrial and Commercial Bank of China (ICBC) said in a statement on Friday afternoon that it would suspend the opening of new individual gold, silver and other precious metal investment trading accounts from Saturday via all channels, including over . . .
To continue reading, please subscribe. You will get
- THE WIRE - An Unrivalled Real-Time Platform providing up-to-the-minute updates of market-moving news and views utilising a network of journalists, traders, brokers, analysts, etc. We walk you through every trading day in China with marking-moving information you must know. Here are some screenshots of the wire updates.
- IN-DEPTH & DATA-DRIVEN reporting on major events about China's economy, policy and financial markets.
- DETAILS - We bring you important details that you won't find elsewhere.
- WEEKLY NEWSLETTER with Editors' Picks
Already have an account? Sign In