BABA Jun 2025 130.000 put

UPDATE 2-Chinese megacity Hangzhou, home to Alibaba, lifts all home purchase curbs

China's eastern metropolis of Hangzhou, among the country's most thriving cities, on Thursday said it will lift all home purchase restrictions to shore up its real estate market, raising the prospect of other cities following suit. As of May 9, Hangzhou's government will no longer vet the eligibility of potential buyers, the city housing authority said in a notice.