On October 10, the Industrial and Commercial Bank of China announced the specific adjustment plan. The Industrial and Commercial Bank of China App shows that on October 25, 2024, the interest rate of existing housing loans that meet the corresponding conditions will be adjusted in batches to no less than the loan market quotation rate (LPR) minus 30 basis points.
On July 5th, the "Opinions" proposed to severely crack down on systemic fraud and cooperative fraud. Closely follow up on the characteristics and evolutionary trends of systemic and gang-type financial fraud, and strictly crack down on systemic fraud through forgery and alteration of certificates, use of fictitious transactions by related parties or third-party cooperation in accordance with the law. Comprehensive punishment of financial fraud planners, organizers, implementers, collaborators, a...