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China – Postal Savings Bank of China suspends opening of new precious metals accounts (Global Times)

Postal Savings Bank of China on Monday announced it would suspend the opening of new accounts for spot precious metals trading, a move that experts said was aimed at curbing potential investment risks for its clients amid intense price fluctuations.

Postal Savings Bank of China suspends opening of new precious metals accounts – Global Times

The Chinese national flag and a banner of Industrial and Commercial Bank of China (ICBC) logo are seen waving in front of ICBC’s headquarters in Beijing. Photo: VCG

The Chinese national flag and a banner of Industrial and Commercial Bank of China (ICBC) logo are seen waving in front of ICBC’s headquarters in Beijing. Photo: VCG