On November 1st, HSBC China issued a notice on improving the pricing adjustment mechanism for existing personal housing loan interest rates. Existing housing loan customers can apply to adjust the repricing cycle, choosing to reprice based on 3 months, 6 months, or 12 months. After adjusting the repricing period of existing housing loans, if the original loan contract is repriced on a monthly to daily basis based on the loan disbursement date, the corresponding date determined by the adjusted repricing period and the loan disbursement date shall be the repricing date; For repricing on January 1st each year, the repricing date shall be the 1st day of the corresponding month determined by the adjusted repricing cycle. During the loan term, only one repricing cycle can be adjusted. The bank is expected to start accepting applications for repricing cycle adjustments from November 15, 2024. The specific details will be announced at a later date.