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On September 8, SPD Bank issued an announcement stating that according to precious metals risk management and business needs, the bank plans to adjust the personal precious metals business acting on behalf of the Shanghai Gold Exchange. SPD Bank said that it will choose to stop operating personal precious metals services on behalf of the Shanghai Gold Exchange after September 25, 2026, and close the right to act as agents of the Shanghai Gold Exchange personal precious metals business through channels such as mobile banking, online banking, and branch counters. After closure, the rights of holding customers to operate positions such as closing, selling, and picking up goods will be restricted. SPD Bank pointed out that in order to protect the rights and interests of customers, it is recommended that customers with existing positions sell, close their positions, or pick up the various contracts they hold through channels such as mobile banking, online banking, and branch counters before September 25, 2026.
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On September 8, SPD Bank issued an announcement stating that according to precious metals risk management and business needs, the bank plans to adjust the personal precious metals business acting on behalf of the Shanghai Gold Exchange. SPD Bank said that it will choose to stop operating personal precious metals services on behalf of the Shanghai Gold Exchange after September 25, 2026, and close the right to act as agents of the Shanghai Gold Exchange personal precious metals business through channels such as mobile banking, online banking, and branch counters. After closure, the rights of holding customers to operate positions such as closing, selling, and picking up goods will be restricted. SPD Bank pointed out that in order to protect the rights and interests of customers, it is recommended that customers with existing positions sell, close their positions, or pick up the various contracts they hold through channels such as mobile banking, online banking, and branch counters before September 25, 2026.
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