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U.S. Treasury Secretary Bessenter: Both the U.S. and Japan agree that excessive volatility in the foreign exchange market is undesirable.

2026-05-12

U.S. Treasury Secretary Bessenter: Both the U.S. and Japan agree that excessive volatility in the foreign exchange market is undesirable.

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2026-05-12

Belgian Defense Minister: We have the capability to clear mines at sea in Europe and can provide assistance on the Strait of Hormuz issue.

Belgian Defense Minister: We have the capability to clear mines at sea in Europe and can provide assistance on the Strait of Hormuz issue.
2026-05-12

1. Second-hand home sales in first-tier cities hit new highs, but growth in medium- and long-term residential loans needs to recover. 2. Shenzhen's total online sales of both new and second-hand residential properties reached a near one-year high in

1. Second-hand home sales in first-tier cities hit new highs, but growth in medium- and long-term residential loans needs to recover. 2. Shenzhen's total online sales of both new and second-hand residential properties reached a near one-year high in April. 3. Shanghai saw 1,664 second-hand home sales yesterday, breaking the five-year single-day sales record again. 4. Country Garden: The current period is a crucial window for market expectation recovery; the gears of the upward cycle are slowly turning. 5. CIFI Holdings Group: In April, the company's equity attributable to shareholders was approximately RMB 340 million in contracted sales. 6. Baotou released 16 new real estate policies, which will optimize the support for housing provident fund projects. 7. Hong Kong Property: New property sales were strong last week, with 43 transactions recorded in 20 major housing estates, a four-week low. 8. China Jinmao's contracted sales for the first four months of 2026 reached RMB 31.234 billion. 9. Longfor Group's sales for the first four months of 2026 reached RMB 10.35 billion, with operating revenue of RMB 4.8 billion. 10. Several groups have warned of potential cuts to housing projects by the Trump administration. 11. Existing home sales in the U.S. fell short of expectations in April, but continued improvement in housing affordability provided some support.
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