U.S. Stock Market Movement | Major Real Estate Policies Announced, KE Holdings (BEKE.US) Opens Up More Than 5.5%

According to Zhihu Finance APP, on Friday, Beike (BEKE.US) opened higher and, as of the time of publication, was up over 5.5%. Since July, the stock has continued to rise, with a cumulative increase of over 26%. In terms of news, China’s real estate sector has released several major policies, including: “Opinions on Reforming and Improving Real Estate Credit Management to Promote Accelerated Construction of a New Real Estate Development Model,” “Interim Measures for the Administration of Individual Housing Loans,” “Interim Measures for the Administration of Urban Renewal Project Loans,” “Interim Measures for the Administration of Commodity Housing Development Loans,” among others. The core content involves multiple aspects such as credit, sales, and financing.