Mei Ri Jing Ji Xin Wen·2025-07-18 00:18Group 1: Policy and Market Impact - Fuzhou has released implementation details for converting non-residential stock into affordable rental housing, which aims to increase housing supply and meet the needs of new citizens and young people [1] - In Sichuan, real estate development investment has stabilized, with a 6.5% year-on-year decline in the first half of the year, a reduction of 3.4 percentage points compared to the previous year [2] - The supply of judicial auction properties in June reached a new high of 32,000 units, indicating market pressure and potential impacts on new and second-hand housing prices [3] Group 2: Company Developments - Zhao Hui has been appointed as the Executive President of Greentown China, which may bring new strategies and resource integration to the company [4] - Xiamen C&D Group's plan to issue a public bond of 11.4 billion yuan has received feedback from the Shanghai Stock Exchange, which will enhance the company's financing channels and liquidity [5]