• The average land price in 105 major Chinese cities increased to 3,676 yuan per square meter in the third quarter, up 1.4% YoY: Ministry of Land and Resources
  • 63 out of 70 large and medium-sized cities surveyed in September saw new home prices rise MoM: National Bureau of Statistics
  • China’s building materials sector picked up in the first three quarters, with cement output up 2.6% YoY to 1.77 billion tonnes and flat glass output up 4.1% YoY: National Development and Reform Commission
  • Shares of Chinese package delivery company ZTO Express fell 15% from the company’s IPO price in its U.S. market debut yesterday, despite having raised more than expected $1.4 billion the night before: FINTS
  • Air China posts 60% rise in third-quarter net profit thanks to falling finance and operating costs : FINTS
  • Vanke, China’s largest residential developer and currently at the center of a takeover tussle, saw profits rise 45% YoY in the third quarter 2.91 billion yuan: FINTS
  • China claims five of the top 10 spots in the annual list of the world’s leading fintech companies, according to a report by H2 Ventures: FINTS