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On May 22nd, the Hangzhou Municipal Planning and Natural Resources Bureau issued a public notice for the auction of two plots of state-owned construction land in Hangzhou. The total starting price is 2.31382 billion yuan. Both plots are designated for residential use (with supporting public facilities). The auction will officially commence on June 13, 2026. The two plots are located in Xiaoshan District and Yuhang District respectively. The auction will be conducted through open bidding, with the highest bidder winning.
On May 22nd, Qwen3.7-Max was launched on Alibaba Clouds Bailian platform, allowing users to directly access its API. The models input price is 12 yuan per million tokens, and the output price is 36 yuan per million tokens. Furthermore, Alibaba Clouds Bailian Token Plan subscription service is also available for Qwen3.7-Max, allowing subscribers to use the model directly.
The yield on Japans 40-year government bonds fell 3 basis points to 4.21%.
SpaceX: The Starships 12th test flight is scheduled for Friday, May 22, with the 90-minute launch window opening at 5:30 p.m. Central Time (6:30 a.m. Beijing Time the following day).
The Fed minutes ignited fears of interest rate hikes, while geopolitical risks eased, leading to a slight decline in spot gold and silver prices. A chart provides a quick overview of the pre-market prices of gold and silver, converted between domestic and international markets.