US Stock Movement | Fangdd Network Group (DUO.US) Surges 13% as August Residential Property Price Declines Narrow in First and Second-Tier Cities

Stock News09-16

On Tuesday, Fangdd Network Group (DUO.US) surged 13% to $3.47. On the news front, China's National Bureau of Statistics released statistical data on August residential property price changes on September 15. In August, new residential property prices in first-tier cities declined 0.1% month-on-month, with the decline narrowing by 0.1 percentage point compared to the previous month. Second-tier cities saw new residential property prices fall 0.3% month-on-month, with the decline narrowing by 0.1 percentage point. Third-tier cities recorded a 0.4% month-on-month decline in new residential property prices, with the decline widening by 0.1 percentage point.

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