Fangdd (DUO) Surges in Pre-Market Amid Real Estate Stability Measures

19 hours ago

Fangdd Network Group Ltd. (DUO, Financial) saw its stock rise by 6.31% to $0.64 in pre-market trading. This increase follows the recent national financial work conference in Beijing, which focused on mitigating risks in key sectors. The conference emphasized the implementation of comprehensive debt resolution plans and supporting the reform and transformation of financing platforms. Additionally, efforts are being made to stabilize the real estate market and prevent further declines. The Ministry of Housing and Urban-Rural Development has highlighted the need for timely adjustments and innovations in real estate financial policies to support market stability.

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