On September 30, following the response of state-owned major banks and many joint-stock banks to the first round of downward adjustments in existing housing loan interest rates, HSBC, Standard Chartered Bank, Bank of E Asia, and other foreign banks quickly followed suit and issued announcements for batch adjustments of existing housing loan interest rates. From the previous implementation of housing loan interest rate policies by various banks, the level of personal housing commercial loan interest rates issued by many foreign banks has always been at a relatively low level in the industry. The impact of this batch adjustment of existing housing loan interest rates on foreign banks may be lower than that of other commercial banks. (21st Century Business Herald)