Beike's Pre-market Gains In The U.S. Expanded To Over 8%, Following The Release Of The "Opinions On Reforming And Improving Real Estate Credit Management To Accelerate The Establishment Of A New Model For Real Estate Development" By China's Central Bank And The National Financial Regulatory Administration, Which Extends The Maximum Term For Individual Housing Loans From 30 Years To 40 Years

China's Central Bank And The State Financial Regulatory Commission May, In Accordance With Their Respective Responsibilities, Establish New Real Estate Loan Products Based On The Needs Of Economic And Social Development

Two Departments Issued The "Administrative Measures For Personal Housing Loans (Trial)"

The National Financial Regulatory Administration And The Ministry Of Housing And Urban-Rural Development Issued A Notice On The Promulgation Of The "Interim Measures For The Administration Of Loans For Urban Renewal Projects."

The Two Departments Announced That The Maximum Term For Personal Housing Loans Is 40 Years, And The Loan Amount Cannot Exceed The Appraised Value Of The Housing To Be Purchased. For Loans With A Term Of One Year Or Less (including One Year), Principal And Interest Can Be Repaid In A Lump Sum At Maturity Or In Monthly Installments; For Loans With A Term Of More Than One Year, Principal And Interest Can Be Repaid Monthly

China's Central Bank And The National Financial Regulatory Administration Issued A Notice On The "Opinions On Reforming And Improving Real Estate Credit Management To Accelerate The Establishment Of A New Model For Real Estate Development."

According To Axios, The United States Hopes To Widen The Main Channel Of The Strait Of Hormuz By Mid-September So That At Least 50 Ships Can Enter And Leave The Bay Each Night