Ningbo Ocean Shipping: Plans to invest no more than RMB 1.4 billion to build four 2,700TEU container ships.

1. First-tier cities start offering free school places for house purchases, with Guangzhou Nansha taking the lead. 2. In the first quarter of this year, 1,564 new commercial residential properties were signed online in Guangzhou Nansha, up 25% year-on-year. 3. Shanghai issued implementation measures for voluntary deposits, withdrawals and use of housing provident funds for flexible employment personnel. 4. The potential supply of first-hand private buildings in Hong Kong has dropped to 105,000. 5. Dongguan plans to introduce new policies for the real estate market, and new houses will be sold fully furnished. 6. Henan: Strengthen the loan issuance of real estate "white list" projects and expand the scale of acquisition of existing commercial housing. 7. Nanjing's new housing ticket policy was officially issued, valid for 2 years. 8. The commercial and office land plots in Shanghai Fengxian New City were adjusted to residential land, and the plot ratio was reduced to 1.2. 9. Wuhan's real estate development investment fell by 5.2% in the first quarter, and the sales area of commercial housing increased by 5.5% year-on-year. 10. China Construction: A consortium of subsidiaries won the land use rights for a real estate development project in Chaoyang District, Beijing for 12.6 billion yuan. 11. New World Development's first-quarter residential sales in the mainland reached 2.1 billion yuan, a year-on-year increase of 52%. 12. Greenland Holdings' revenue in the first quarter of 2025 was 35.598 billion yuan, and its net loss attributable to the parent company was 247 million yuan. 13. Gree Real Estate's revenue in the first quarter of 2025 was 919 million yuan, a year-on-year decrease of 58.54%. 14. Guangming Real Estate's revenue in the first quarter of 2025 fell 35% to 1.27 billion yuan, and its net profit plummeted 2530%. 15. Poly Development's sales in 2024 will be 327.7 billion yuan, and its real estate development settlement income will be 287.35 billion yuan.

During his inspection in Shanghai, Xi Jinping stressed the need to accelerate the construction of a highland of scientific and technological innovation with global influence. (Xinhua News Agency)

Porsche CFO: If auto tariffs continue, we will have to pass the impact on to our customers.

Founder Securities: Net profit in the first quarter was 1.195 billion yuan, a year-on-year increase of 52.37%.

Porsche CFO: (When asked about Trump's latest move to ease impact of auto tariffs) If I understand correctly, Porsche will not benefit from this.