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According to Futures News on July 24, as of 8:30 AM Beijing time, spot platinum rose 0.03% and spot palladium fell 0.34%.Japans preliminary composite PMI for July was 53.1, compared to 52.8 in the previous month.Japans preliminary services PMI for July was 51.9, down from 52.2 in the previous month.Japans preliminary manufacturing PMI for July was 54.7, down from 54.8 in the previous month.On July 24, according to South Korean media reports, South Korean President Lee Jae-myung stated that he will continue to push forward with housing policy reforms, even facing anticipated "conflicts and resistance" and incurring "political costs." He warned that without urgent measures, the real estate bubble could plunge South Korea into decades of economic stagnation. Lee Jae-myung made these remarks on Thursday during a 195-minute, live-streamed policy forum. He indicated that discussions would involve adjustments to real estate holding taxes, capital gains taxes, and housing loan rules. Lee Jae-myung stated, "Japan experienced a difficult period. Housing prices continued to rise until reaching a certain critical point, after which the so-called bubble burst like a balloon. Thats why people started talking about the lost 20 years or the lost 30 years." Lee Jae-myung said there is growing concern that South Korea is also heading towards a similar critical point.