1. Various regions continue to optimize and adjust housing provident fund policies. 2. Guangzhou saw both new and existing home sales exceed 10,000 units in May, totaling over 17,000 units. 3. Shenzhen Real Estate Intermediary Association: May's ex

2026-06-02

1. Various regions continue to optimize and adjust housing provident fund policies. 2. Guangzhou saw both new and existing home sales exceed 10,000 units in May, totaling over 17,000 units. 3. Shenzhen Real Estate Intermediary Association: May's existing home sales volume reached the third highest since April last year. 4. Shenzhen's residential property sales exceeded 10,000 units again after 14 months: several new projects sold out on the first day, and existing home prices returned to the "6,000 yuan per square meter" range. 5. Shanghai's existing home sales exceeded 28,000 units in May, setting a new high for the same period in the past six years. 6. Zhengzhou launched a service allowing advance withdrawal of housing provident funds to pay for existing home purchases. 7. Tianjin: Deployed measures to rectify the order of the real estate transaction and intermediary market. 8. Nanchang optimized its housing provident fund usage policy, adding property management fee withdrawals and increasing the loan-to-value ratio. 9. Chengdu: Urban employees with three years of basic pension insurance can register their household registration in the central urban area. 10. Inner Mongolia: For those who purchase commercial housing using a combination loan of housing provident fund and commercial bank, the minimum down payment ratio is 15%.

Other News
2026-06-02

At the Hong Kong close, the Hang Seng Index rose 2.52% and the Hang Seng TECH Index rose 4.72%; Tencent Holdings (00700.HK) climbed 10.46% for the session.

2026-06-02

Domestic News: 1. The State Council announced the "Regulations of the State Council on Overseas Investment," which will take effect on July 1st. 2. Unitree Technology's IPO on the Science and Technology Innovation Board (STAR Market) was approved.