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Real-time News
On May 26th, the Xiongan New Area Housing Management Center issued a notice regarding the optimization and adjustment of housing provident fund withdrawal and loan policies. The notice states that for employees who meet the conditions for rent withdrawal in the New Area, the maximum withdrawal amount is increased to 17,000 yuan per year if they have not registered their housing rental contract; and to 25,000 yuan per year if they have registered their housing rental contract through the "Hebei Xiongan New Area Housing Rental Information Service Platform." For employees purchasing owner-occupied housing in the New Area and applying for a housing provident fund loan, the maximum loan amount is increased to 800,000 yuan. For employees of Beijing-based relocated units whose housing provident fund contributions are located in the New Area and who purchase owner-occupied housing in the New Area, the maximum loan amount is increased to 1.2 million yuan. For families with two or more children purchasing owner-occupied housing in the New Area and applying for a housing provident fund loan, the maximum loan amount is increased by 200,000 yuan. For employee families with only one fully repaid housing provident fund loan record nationwide and no housing in the New Area, the first-time homebuyer housing provident fund loan policy will apply.The Central Bank of Sri Lanka raised its overnight policy rate to 8.75%.On May 26, Bank of Japan Deputy Governor Ryozo Himino stated that the Bank of Japan will monitor the impact of the Middle East situation on the Japanese economy and prices while assessing the timing and pace of policy adjustments. He indicated that the Bank of Japan will continue to raise policy interest rates and adjust the degree of monetary easing based on economic activity, price levels, and financial conditions.On May 26th, the highest 7-day annualized yield of Tencent Wealth Managements "Current Account +" was 1.2740%, and the lowest was 0.8100%. The highest 7-day annualized yield of WeChat Pays "Lingqian Tong" was 1.0360%, and the lowest was 0.0030%. The highest 7-day annualized yield of Alipays "Yuebao" was 1.0410%, and the lowest was 1.0000%.Lenovo Group (00992.HK) rose over 9%, currently trading at HK$17.19 per share. In related news, investment banks such as Goldman Sachs raised their target price for Lenovo Group, to as high as HK$27.
