Since October, many financial institutions, from joint stock banks to urban commercial banks, agricultural commercial banks, and even private banks, have successively announced the issuance of 3-year and 5-year large deposit certificates, and some institutions have even listed time-limited products several times in a short period of time. Hang Fung Bank and several of its branches announced on October 20 the launch of 7 personal large-value deposit cards, with an annualized interest rate of 1.75% for 5-year products. Since October 1, China CITIC Bank has launched a variety of large deposit cards, including 3-year varieties, with an annualized interest rate of 1.70%. Since the bank restarted the distribution of products for the same period on September 1, this listing is seen as another addition after a lapse of one month. Bank of Tibet issued a 3-year personal large deposit slip with an annualized interest rate of 1.85% on October 16.

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