Announcement from HSBC Bank (China) Limited, the bank will carry out the adjustment of existing commercial individual housing loan interest rates in accordance with market-oriented and rule-of-law principles and in compliance with laws and regulations. Currently, the bank is hurrying to formulate specific implementation rules, planning to announce specific operational rules and related matters through the bank's official website, WeChat official account, and other channels on October 12, 2024, and complete the batch adjustment of existing housing loan interest rates before October 31, 2024.