EUR/USD 1.16454
-0.052%
Gold 4596.95
-0.102%
Oil 82.475
-0.588%
USD/JPY 159.674
0.179%
GBP/USD 1.35848
-0.056%
GBP/JPY 216.904
0.125%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The *Trial Measures for the Management of Loans for Commercial Housing Development* draws heavily on the experience and practices of the "whitelist" mechanism, treating projects of different ownership equally and meeting the reasonable financing needs of commercial housing development projects. The *Trial Measures for the Management of Personal Housing Loans* reasonably adjusts the timing of loan disbursements, appropriately optimizes the upper limit of the income-to-debt ratio, and extends the upper limit of loan terms, protecting the legitimate rights and interests of homebuyers while better meeting residents rigid and improved housing needs. The *Trial Measures for the Management of Commercial Real Estate Loans* clarifies loan requirements for the development, purchase, and operation stages of commercial real estate, supporting the stable and healthy development of the commercial real estate market. The *Trial Measures for the Management of Loans for Urban Renewal Projects* guides banking financial institutions to enhance the accuracy, adaptability, and effectiveness of financial services for urban renewal, contributing to the high-quality advancement of urban renewal. The *Trial Measures for the Management of Trust Companies Trust Business in the Real Estate Sector* adheres to the principles of serving the real economy, controllable risk, and implementing investor suitability management. By clarifying business rules, strengthening professional capacity building, and enhancing investor protection, it promotes trust companies to better leverage their unique advantages in conducting trust business in the real estate sector.On August 28, the Peoples Bank of China and the State Financial Supervision and Administration Bureau issued a notice entitled "Opinions on Reforming and Improving Real Estate Credit Management and Promoting the Accelerated Construction of a New Model for Real Estate Development." The notice states that for borrowers of existing personal housing loans who experience temporary loss of income and difficulty in repaying their loans, banking financial institutions may, in accordance with market-oriented and rule-of-law principles, negotiate with borrowers to flexibly adjust repayment plans by reasonably postponing repayment times, extending loan terms, or delaying principal repayment.On August 28th, the Peoples Bank of China and the State Financial Supervision and Administration Bureau issued a notice entitled "Opinions on Reforming and Improving Real Estate Credit Management and Promoting the Accelerated Construction of a New Model for Real Estate Development." The notice defines housing rental development and construction loans as loans issued by banking financial institutions to various entities, including real estate development enterprises, industrial parks, rural collective economic organizations, and enterprises and institutions, for the construction of rental housing in accordance with laws and regulations. The term of housing rental development and construction loans is generally three years, with a maximum of five years.The Peoples Bank of China 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.August 28th - Due to the US relocating Patriot air defense interceptors from Europe to the Middle East to counter Iranian drone and missile attacks, US and NATO forces in Europe are facing a shortage of Patriot interceptors. On the 27th, US defense officials stated that US forces in Europe "absolutely" do not have enough Patriot interceptors to defend against a potential sustained ballistic missile attack, and their ability to defend against a single ballistic missile attack is also "very limited." NATO officials also revealed that both US and NATO forces in Europe are facing a shortage of Patriot interceptors.

S&P 500 Retreats Towards 3960 As Traders Focus On Target’s Results

Cory Russell

Nov 17, 2022 16:50

微信截图_20221117162019.png

Market Decline Driven by Target and Micron

As traders responded to Target's disappointing earnings report and Micron's cautionary statement, the S&P 500 retreated toward the support of 3960.


Target reported earnings that fell short of analyst expectations and announced plans to slash expenses by up to $3 billion over the next three years.


Micron stated that its capital expenditure plans had been modified in light of the market outlook's deterioration for the coming year.


As a result of the cruise line's announcement that it will issue $1 billion in convertible senior notes, Carnival was one of the worst losers in the S&P 500 today. The stock had fallen by roughly 14% as of the writing. After the epidemic, cruise firms are heavily indebted, and their debt levels will probably continue to be a big issue in the coming years.


WTI oil attempted to settle below the $85 mark today, placing substantial pressure on energy stocks. Since many of the stocks in this market category are trading close to their yearly highs, some traders seek to lock in profits.


The warning issued by Micron hurt tech stocks. The news by Micron put pressure on the stock prices of other semiconductor companies, including AMD and NVIDIA.


It should be emphasized that while Treasury yields decreased today, the stock market received no benefit from this change. It appears that the S&P 500 will require further supportive catalysts in order to stabilize above the 4000 mark.

Suggestion