From January to May, nationwide Real Estate development investment in China decreased by 10.7% year-on-year, and the sales area of newly built Commodity housing fell by 2.9% compared to the same period last year.

More news is being continuously updated.

wallstreetcn22:04 ET

Guangzhou: Optimize Real Estate policies by completely canceling restrictions on purchases, sales, and pricing, while lowering down payment ratios and interest rates.

① Guangzhou released the "Implementation Plan for Strengthening Consumption Special Actions (Draft for Comments)", proposing to systematically reduce consumption restrictions, including optimizing Real Estate policies, comprehensively lifting restrictions on purchases, sales, and prices, and lowering down payment ratios and interest rates to meet housing consumption needs; ② The plan also calls for the vigorous development of sports consumption, promoting sports events into scenic areas, streets, and commercial districts, and supporting the development of ice and snow sports as well as horse racing consumption.

cls.cnJun 12 23:24 ET

The new central livelihoods policy combines measures such as expanding affordable housing, increasing youth apartments, and extending public housing fund coverage to flexible workers.

① The "Opinions on Further Ensuring and Improving People's Livelihoods and Focusing on Solving the Urgent Problems of the Public" issued by the General Office of the Central Committee of the Communist Party and the General Office of the State Council has been officially released; ② This significant document extensively addresses the housing sector, including increasing the supply of affordable housing, boosting the supply of small-sized youth apartments, and steadily promoting the participation of flexible employment workers in the housing provident fund system.

cls.cnJun 9 09:43 ET

The Finger Research Institute: The substantial increase in confidence among private real estate companies still requires a recovery in sales to drive it.

Pressure from sales may continue to transmit to the investment side; therefore, a substantial increase in the confidence of private real estate enterprises requires support from a recovery in sales.

Zhitong FinanceJun 9 03:33 ET

Express News | Times China - May Contracted Sales RMB680 Mln

ReutersJun 6 06:21 ET

Sinolink: The enthusiasm for the Hong Kong stock market remains strong; it is recommended to pay attention to trading platforms.

Stablecoins are just one part of the development trend of web 3.0 in Hong Kong, and it is recommended to pay attention to the subsequent emergence of policies and regulations.

Zhitong FinanceJun 3 19:46 ET