In many areas of fujian, mortgage rates have been adjusted to 3.1%. Experts say that ultra-low rates are unsustainable and banks are correcting their "involution-style" competition.

①In multiple cities in Fujian Province including Xiamen, Fuzhou, Putian, etc., the housing loan interest rate has been uniformly raised from 3.05% to 3.1%. ②The unclear lower limit of interest rates has caused internal price competition among banks, this adjustment is a correction to excessively low interest rates and does not mean policy tightening.

cls.cnDec 4 06:59 ET

Will the first home loan interest rate in Qingdao be raised to 3.1%? Several local banks responded.

① Most bank branch staff have indicated that they have not yet received any notification about an increase; a few bank branch personnel, however, admitted that there is a possibility of an increase; ② The cost and revenue of mortgage lending need to be balanced, and some banks previously offered favorable interest rates that are generally at the extreme position of such a smooth line. Even if there are adjustments, mortgage rates remain at a relatively low level overall.

cls.cnDec 4 00:16 ET

What "bottlenecks" are faced when repurchasing existing land? Real estate companies: price is one important factor.

The "stumbling block" issues that arise in revitalizing idle inventory land include the difficulty of reaching a consensus on the recycling price of the original plots between companies and the government. If the land is reclaimed at the current market price, the willingness of companies to participate is not high. There are many restrictions on the adjustment of land types, which involve the need to make additional land price payments; Analysts believe that the inventory idle land that can generate incremental value and achieve financial balance after being reclaimed, or the focus of current local government acquisitions.

cls.cnDec 4 00:11 ET

The Tencent version of 'Sora' joins the text-to-video battlefield.

Still in the exploration phase.

wallstreetcnDec 3 21:04 ET

Brokerage morning meeting highlights: The construction of a national unified electrical utilities market is accelerating, bullish on three main lines.

In today's brokerage morning meeting, htsc stated that the construction of a national unified electrical utilities market is accelerating, with a bullish outlook on three main lines; Galaxy Securities indicated that 5G applications are expected to develop on a large scale, selecting high-quality symbols with improved marginal prosperity; haitong sec expressed a bullish view on the steady rise of rare earth prices.

cls.cnDec 3 19:29 ET

BeiGene Started at Overweight at Morgan Stanley on Brukinsa Market Share Growth

Seeking AlphaDec 3 14:24 ET