Industrial and Commercial Bank of China has restarted issuance of 5-year large-denomination certificates of deposit (CDs). Since July, Bank of China, Agricultural Bank of China, China Construction Bank and ICBC have each issued 5-year large CDs. Postal Savings Bank researcher Lou Feipeng says 5-year large CDs currently offer allocation value for low-risk investors. Large-denomination CDs support transfer and pledge, giving them better liquidity than ordinary time deposits.

2026-08-03

Industrial and Commercial Bank of China has restarted issuance of 5-year large-denomination certificates of deposit (CDs). Since July, Bank of China, Agricultural Bank of China, China Construction Bank and ICBC have each issued 5-year large CDs. Postal Savings Bank researcher Lou Feipeng says 5-year large CDs currently offer allocation value for low-risk investors. Large-denomination CDs support transfer and pledge, giving them better liquidity than ordinary time deposits.

其他消息
2026-08-03

The CSRC and Hong Kong's SFC jointly announced new measures to deepen pragmatic cooperation and tighter coordination between the mainland and Hong Kong markets, covering listings and fundraising, index collaboration, futures products, ETFs, internationalization of financial institutions, green finance and streamlined professional qualification recognition.

2026-08-03

China's marine tourism warmed in 1H2026: marine passenger volume rose 4.6% YoY and passenger turnover increased 5.4% YoY, the Ministry of Natural Resources said on Aug 3. With consumption shifting from sightseeing to immersive, diversified experiences, operators are rolling out ship-to-shore night cruises in Xiamen, integrated 'sea+' offerings in Qingdao, and sailing, leisure fishing rafts and kitesurfing products in Dongshan Island and Pingtan, Fujian.