63-day zero-coupon bond; competitive tender for CNY 20 bln face value, with additional bids from Class A members. Price set by competitive bidding and issued at a discount to par. Accrual begins 11 June 2026; redeemed at par on 13 August 2026 (next b

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Risk Warning: Leveraged Precious Metals trading on margin carries significant risks and is not suitable for all investors. Please be sure to make investments within your own tolerance after fully understand the risks involved.

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