Several Chinese banks, including Guangfa Bank and Bank of China, have significantly increased margin requirements for precious metals trading. These adjustments, effective from late June, aim to reduce customer leverage in response to extreme volatility in the international precious metals market. Some banks, like Guangfa Bank, are also planning to cease offering precious metals trading services for individual clients by the end of the month. AI
RANK_REASON The article details changes in financial trading policies and margin requirements by banks, which is a financial industry tool/policy change rather than a core AI development.
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