China's State Council issued the "15th Five" Carbon Peak Action Plan, directing deeper marketization of power tariffs and implementation of a renewable sustainable development price-settlement mechanism and a nearby-consumption pricing mechanism for renewables. For projects whose main function is transmitting clean energy or grid interconnection, authorities will explore two-part tariffs or single-capacity tariffs and promote remote desert/Gobi/barren-land renewable bases to participate in marke

Taiwan Weighted Index opened 113.92 points higher (+0.25%) at 45,848.33 on July 9 (Thursday).

China Index Academy said the property market remains in a bottoming phase and recovery will continue to be uneven. Looking to H2, second‑hand markets in core cities are likely to retain some activity; ongoing transaction improvement and stabilizing listings should further narrow price declines and strengthen price‑stability in some cities. For new homes, a low year‑earlier base in 2025 should help narrow national new‑home sales’ YoY declines in H2, but full market repair will take time. Continued launches of higher‑quality projects in core cities and supportive measures such as housing provident fund policies will provide some support; however, supply is likely to remain constrained under policies aimed at limiting new additions and reducing inventories, so recovery is expected to be structural and led by quality supply. On construction and investment, developer cash‑flow pressure and sales‑driven investment strategies mean new starts and real estate development investment are expected to remain at low levels.