German business daily Handelsblatt reports European Central Bank executive board member Schnabel may leave early to join the International Monetary Fund.

Hong Kong's Hang Seng Index (HSI) closed down 97.90 points, or 0.39%, at 25,213.31 on Thursday, Sept. 3. The Hang Seng Tech Index fell 48.68 points, or 1.08%, to 4,468.48. The Hang Seng China Enterprises Index (HSCEI) slid 64.86 points, or 0.77%, to 8,385.24. The red‑chip index rose 24.01 points, or 0.58%, to 4,177.46.

1. Guangdong: Government-acquired land reserves and redevelopment are being promoted in an orderly manner, and state-owned enterprises are encouraged to revitalize and utilize existing land. 2. Guangdong: The province encourages exploring methods such as "expropriation first, then replacement" to implement the exchange of state-owned and collectively owned construction land. 3. Guangzhou saw 8,624 secondhand residential property transactions in August, a year-on-year increase of 0.17%. 4. The Guangzhou Real Estate Intermediary Association's September manager index was 54.12, a month-on-month increase of 16.69 points. 5. Experts: Costs are returning to the development end, policies are providing effective support, and there is no basis for a significant price increase. 6. Experts say the housing market is currently in a bottoming-out phase, and choosing a 40-year mortgage term may not be cost-effective. 7. Beike Research Institute: More homeowners in Shenzhen are raising their listing prices, and new customer traffic is up 6.5%. 8. Shenzhen's housing price index has risen for five consecutive months, with 6,864 new and secondhand residential property transactions in August, an increase of 8.5%. 9. Several banks in Shanghai have clarified that people born before 1991 are ineligible for new 40-year mortgages, and the extension period for existing mortgages cannot exceed half of the original loan term. 10. Shanghai's secondhand home sales have exceeded 20,000 units per month for six consecutive months: some are testing price increases, while others are upgrading to properties outside the outer ring road worth tens of millions. 11. Shanghai: By 2030, a modern housing and urban-rural construction management system for megacities will be basically established. 12. Shanghai: By the end of 2026, a comprehensive urban village renovation project will be launched. 13. Centaline Property: Last month, 130 housing estates in Hong Kong recorded profitable secondhand transactions, with the number of profitable cases increasing by 45%. 14. Nanping announced the auction of two plots of land for commercial housing, with a maximum starting price of 305 million yuan.