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[wang liang of china merchants bank: we have not received any relevant opinions from regulators regarding the conversion of individual housing loans into mortgages] cailianshe reported on september 2 that wang liang, president of china merchants bank, stated at the bank's 2024 mid-term performance exchange meeting on the 2nd that china merchants bank has not received any relevant opinions from regulators regarding the conversion of individual existing housing loans into mortgages, and the relevant regulatory authorities have not sought the opinions of commercial banks on this.

recently, foreign media reported that china is considering further lowering the interest rates on existing mortgage loans and allowing existing mortgage loans worth up to 38 trillion yuan to be converted into mortgages in order to reduce residents' debt burden and boost consumption.

"this policy has not yet been confirmed. if the relevant policy is introduced, it may have a certain negative impact on the existing mortgage interest rates in the banking industry." wang liang said. (shell finance)

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