China Merchants Bank Adjusts 'Zhaocai Gold' Business Contract Margin Call Ratio to 120%

On June 12, China Merchants Bank issued a notice on adjusting the margin call ratio for 'Zhaocai Gold' business contracts. In view of the recent intensifying domestic and international precious metal price fluctuations, to prevent market risks and protect investor rights, the bank made relevant adjustments to the Zhaocai Gold business. The specific notice is as follows: From the closing settlement on June 16, 2026 (Tuesday), the margin call ratio for contracts including Ag(T+D), Au(T+D), mAu(T+D), Au(T+N1), Au(T+N2), NYAuTN06, NYAuTN12 is adjusted to 120%.

Investors are advised to take risk prevention measures, reasonably control positions, and invest rationally.