China’s housing ministry is getting ‘bolder’ about real estate aid

Important Details

China’s housing ministry has declared strategies to make it a lot easier for persons to purchase house.
They contain easing obtain restrictions for men and women wanting to purchase a 2nd dwelling, and cutting down down payment ratios for to start with-time homebuyers, according to an report on the Ministry of Housing and Urban-Rural Development’s site.
“It appears to us that [the housing ministry] is speedy in reaction this time and also receives bolder on relaxing assets guidelines,” Jizhou Dong, China residence study analyst at Nomura, mentioned in a be aware Friday.

Resource

Finance

Big Chinese companies like Alibaba show that AI-powered ads are giving shopping a boost

May 16, 2025

Key Points Alibaba, Tencent and JD.com reported earnings this week that reflected improving Chinese consumer spending, and the growing benefits of artificial intelligence in advertising. “The e-commerce and ad revenues were positive surprises as there were expectations tariffs would affect consumer behavior,” said Kai Wang, Asia equity market strategist at Morningstar. However, a Morgan Stanley […]

Finance

Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary

May 15, 2025

Fast Money Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary Published Thu, May 15 20257:47 PM EDTUpdated 37 Min Ago Stephanie Landsman@stephlandsman WATCH LIVE Source

Finance

Stocks making the biggest moves after hours: Applied Materials, Take-Two Interactive, Cava and more

May 15, 2025

Check out the companies making headlines in after-hours trading: Applied Materials — Shares fell nearly 5% in extended trading. The maker of semiconductor manufacturing equipment reported $7.10 billion in revenue in its fiscal second quarter, which was slightly lower than analysts’ expectations of $7.13 billion, according to LSEG. Semiconductor revenue of $5.26 billion for the […]