Shanghai Eases Home Purchase Restrictions; Ju Hanzheng Expelled from Party
Key Takeaways
- Shanghai relaxed home purchase restrictions outside Outer Ring, boosting property stocks August 25.
- Ju Hanzheng, former Minhang District inspector, expelled from Party August 25 for bribery.
- Shanghai Stock Exchange Composite Index rose 1.51% on August 25, closing at 3,883.56.
- Hongkou district fosters innovation with financial support; 数传集团 revenue soars in 2025.
Top Stories
Shanghai relaxes home purchase restrictions; property stocks surge August 25.
On August 25, 2025, Shanghai eased home-buying rules, allowing eligible residents to purchase unlimited homes outside the Outer Ring, boosting property stocks. The policy optimizes housing provident fund and personal housing loan policies, effective August 26.
Shanghai's Ju Hanzheng expelled from Party for corruption.
On August 25, 2025, Ju Hanzheng, former Minhang District inspector, was expelled from the Communist Party for serious violations, including bribery. He is accused of using his position for personal gain and will be prosecuted.
Shanghai Stock Exchange Composite Index up 1.51% on August 25.
On August 25, the Shanghai Stock Exchange Composite Index closed at 3,883.56, a rise of 57.80 points or +1.51%.
Hongkou fosters innovation with financial support; 数传集团 revenue soars.
In 2025, Shanghai's Hongkou district is boosting scientific innovation by fostering a favorable business environment and providing financial support. The "Hongkou Flash Loan" program has provided 6.3 billion yuan in financing to over 1,400 companies.
Culture & Events Scene
Songjiang paper cutting exhibition integrates heritage, creativity until Sept 17.
On August 25, 2025, the “Symphony – Songjiang Experimental Paper Cutting Exhibition” opened, showcasing innovative paper-cut art until September 17. The exhibition features paper-cut art in suitcases and illuminated paper-cut trees.
Art event at 陆俨少艺术院 attracts young enthusiasts.
On August 24, 2025, the “爱上美术馆——‘俨’韵‘艺’行·美术馆奇妙夜” event was held at the 陆俨少艺术院, featuring art exhibitions and activities. The annual exhibition “一艺之成——陆俨少艺术综合展” was unveiled on August 23.
Neighborhood Newsfeed
Baoshan garbage dump renovation solves odor, improves community environment.
In August 2025, the renovation of the garbage dump in Fengqiaowan Mingdi Community, Baoshan District, was completed, solving garbage overflow and odor problems. The open-air garbage dump was replaced with a steel-structured shed.
Shanghai Economy Today
Bright Power Semiconductor stock up 3.53% on August 24.
On August 24, 2025, Shanghai Bright Power Semiconductor Co Ltd (688368.SS) stock price increased by 3.53%, reaching 102.58 CNY.
Shanghai Yangpu: Ningyu Technology hiring with salaries up to 25,000 yuan.
On August 24, 2025, Shanghai Yangpu published a recruitment advertisement for Ningyu (Shanghai) Technology Co., Ltd., hiring for seven positions with salaries up to 25,000 yuan.
Tech Frontier
Shanghai aims to be global science, tech innovation center.
An August 24, 2025 interview highlights Shanghai's efforts to become a global science and technology innovation center, citing China's progress in science and technology.
Weather Update
Shanghai's Pudong district experienced hail on August 25.
On August 25, 2025, Shanghai's Pudong district experienced hail, with hailstones measuring 1-2 centimeters in diameter.