Ming Yuan Cloud (00909) rose nearly 5% in the afternoon, as of the time of release, up 4.94%, trading at 2.76 Hong Kong dollars, with a turnover of 22.0192 million Hong Kong dollars.
According to the Wisdom Finance APP, Ming Yuan Cloud (00909) rose nearly 5% in the afternoon, up 4.94% as of the time of release, trading at 2.76 Hong Kong dollars, with a turnover of 22.0192 million Hong Kong dollars.
On the news front, the six major state-owned commercial banks - Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank Corporation, Bank of Communications, and Postal Savings Bank of China announced that they will implement a new commercial individual housing loan interest rate pricing mechanism starting from November 1, marking the imminent official implementation of the improved loan interest rate pricing mechanism required by the People's Bank of China proposed a month ago.
Zhongtai Securities previously pointed out that in the long run, the construction and real estate sector will remain an important industry in China's economy, with a large basic scale. After this round of industry adjustments, the real estate and construction industry is expected to transition from a high-leverage extensive operation model to a refined innovative operation model. Digital means are an important tool to enhance the refined development capabilities of industrial companies. The digital dividend of the real estate and construction industry is expected to accelerate its release.