Policy is bullish, why did the real estate sector fall instead? Public interpretation of the meeting of the Ministry of Housing and Urban-Rural Development and other five departments.
Why did the real estate sector fall despite the bullish news? Discuss the Ministry of Housing and Urban-Rural Development's new policy of 'two increases' that is popular among public funds. Institutions point out that the combination of the Ministry of Housing and Urban-Rural Development meeting and fiscal debt policy reflects the strength of the policies.
Concept Dynamics | Caijing Community's thematic library adds the concept of "debt-to-equity swap"
The State Council Information Office held a press conference on October 12, 2024. Minister of Finance Lan Fo'an stated that plans to significantly increase the debt limit at one time, replace the local government's existing hidden debts, and increase support to help local governments resolve debt risks. Overview of debt restructuring concept stocks.
Vanke is adjusting its organizational structure. The Development Operation Department will establish an office business unit.
Vanke will further strengthen the organizational intensification of its development and operation business, with the development and operation headquarters further sinking the front line of business, directly responsible for the management of the product origin and the operation of major projects. At the same time, the development headquarters will establish an office business department and deepen the organization construction of the commercial business department. In terms of personnel arrangements, the original core team will remain unchanged.
Breaking news: Hong Kong stocks in real estate and property management sectors are booming! Shimao Group surged over 30%, Longhu, Sunac, Vanke rose over 20%.
Mainland real estate stocks expanded their gains in the afternoon. As of the time of publication, Shimao Group soared by 31.15%, leading the mainland real estate stocks with a price of 0.8 Hong Kong dollars; Longfor Group rose by 25.93%, with a price of 11.56 Hong Kong dollars; Sunac increased by 24.37%, priced at 1.48 Hong Kong dollars; China Vanke surged by 21.32%, with a price of 5.69 Hong Kong dollars.
In a conversation with Ding Chaofan, the head of the giant network group AI lab, he is bullish on the future game form of non-linear open world, and optimistic about the directions of multimodal and AI Agent applications.
At the recent 2024 Yunqi Conference, the "AI Endgame Challenge" gameplay of Giant Network's popular logic party mobile game "Space Kill" made its debut at the exhibition and attracted attention. Ding Chaofan, the head of Giant Network's AI Laboratory, stated that the industry is still in the early stage of exploring AI Agents. He revealed that the team will focus on two main directions: multimodal capabilities and AI Agents.
Vanke appears in the Hangzhou land auction market, jointly with the Hangzhou subway, bids 1.45 billion and wins a commercial and residential land.
① In the land auction held in Hangzhou today, Vanke and Hangzhou Metro Consortium won the Shuangqiao unit block in Xihu District with a bottom price of 1.45 billion yuan, and the transaction floor price was 9659 yuan per square meter. ② At Vanke's earnings conference for the first half of 2024, the management stated that the company will continue to optimize its asset structure and focus on core business; at the same time, it will actively pursue potential projects.