A Swedish bank has agreed to sell non-performing loans. The sale will reduce annual net interest income by about SEK 1 billion and is expected to lift capital by about 3-5 bps on completion.

Beijing Municipal Commission of Economy and Information Technology and the Beijing Development and Reform Commission issued the Action Plan to Accelerate the Token Economy (2026–2028). The plan supports software and information‑service firms partnering with third‑party evaluation agencies to pilot token (AI model token) testing platforms, and encourages value‑added services such as model intelligent‑routing and evaluation consulting to form sustainable operating models. It also calls for objective, impartial token performance and quality standards to inform token pricing and model routing.

At a State Council Information Office briefing today, the Ministry of Housing and Urban-Rural Development said the housing and urban-rural development sector will face new dynamics during the 15th Five-Year Plan period. The ministry identified three main segments—urban-rural construction, housing and real estate, and the construction industry—each at a critical transformation point. For urban-rural construction it described two shifts: urbanization is moving from rapid expansion to stable growth, and city development is shifting from large-scale incremental expansion to stock-focused quality and efficiency improvements. For housing and real estate it cited two transitions: a significant change in market supply-demand dynamics and a move into a stock era. For the construction industry it outlined a threefold transformation toward intelligence, greening and integration.