According to Bloomberg, Chinese regulators have recently issued verbal guidance to some major commercial banks to limit new purchases of U.S. Treasury bonds and instructed banks with high exposure to U.S. Treasuries to gradually reduce their holdings to address concentration risk and market volatility risk. This guidance does not apply to China's sovereign foreign exchange reserves and is only targeted at commercial banks, with no specific requirements on adjustment scale or timeline. Regulators stated that this move aims to diversify market risks and is unrelated to geopolitical factors or fundamental concerns about U.S. credit conditions. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56420