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Real-time News
Singapore Prime Minister Lawrence Wong: The economy is benefiting from a surge in demand for chips and electronic products related to artificial intelligence.On December 31, Meitu (01357.HK) announced that all conditions precedent to the subscription agreement have been fulfilled and the transaction was completed on December 31, 2025. Following the completion of the transaction, the Company has issued convertible bonds with a principal amount of US$250 million to the subscriber in accordance with the terms of the subscription agreement.On December 31, EU High Representative for Foreign Affairs and Security Policy Maria Kalas stated that Russias claims of recent attacks on key Russian government facilities in Ukraine are a deliberate attempt to divert attention. Moscow is trying to undermine the actual progress made by Ukraine and its Western partners in the peace process. Kalas emphasized that since the outbreak of the Russia-Ukraine conflict, Russia has indiscriminately attacked Ukrainian infrastructure and civilians, and its baseless accusations should not be accepted by anyone.On December 31st, the Ministry of Housing and Urban-Rural Development released the "Opinions on Improving Housing Quality." The document proposes improving industrial support. It encourages real estate development companies and construction engineering companies to transform into integrated providers of "good housing," streamlining the industrial chain from R&D, design, production, construction, decoration, operation and maintenance, to services, and cultivating new productive forces in the industry. It also calls for selecting regions with a certain foundation to create industrial clusters covering multiple fields such as building materials, home furnishings, and home appliances, innovating product systems and service models. Furthermore, it advocates conducting pilot projects to cultivate new growth points in green building, accelerating the upgrading of green building standards, and driving the healthy development of upstream and downstream industrial chains. Finally, it emphasizes improving the standardization and serialization of building components and parts, gradually establishing a professional, large-scale, and information-based production system based on standardized components.On December 31st, the Ministry of Housing and Urban-Rural Development released the "Opinions on Improving Housing Quality." The document proposes promoting the renovation and upgrading of existing housing. It calls for steadily advancing the renovation of urban villages and dilapidated housing, continuing the renovation of old urban residential areas, and comprehensively promoting energy-saving renovations of existing housing. It also emphasizes accelerating the construction of complete communities, improving embedded service facilities in urban communities, and creating high-quality living spaces. Furthermore, it calls for steadily promoting the renovation and upgrading of gas, water supply, heating, drainage, and fire protection pipelines, carrying out the renovation and upgrading of residential water supply pressurization and storage facilities, promoting professional operation and maintenance, and adding indoor gas safety and heating metering devices. The document encourages the use of methods such as trade-in, original demolition and reconstruction, and modular construction to support residents independent renovation of old housing. It also actively develops prefabricated decoration, promoting integrated kitchens and bathrooms, raised floors, and prefabricated partitions to shorten renovation time and facilitate maintenance.
