---
title: "U.S. Stock Market News | Fangdd Network Soars Over 70%, Relevant Departments to Hold Real Estate Market Press Conference Tomorrow"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/217006770.md"
description: "On Wednesday, Fangdd Network surged over 70% after the opening, and as of the time of publication, it rose by 46.74% to $1.35. On the news front, Minister of Housing and Urban-Rural Development Ni Hong, along with officials from the Ministry of Finance, Ministry of Natural Resources, People's Bank of China, and China Banking and Insurance Regulatory Commission, will hold a press conference tomorrow to introduce the relevant situation of promoting the stable and healthy development of the real estate market"
datetime: "2024-10-16T14:26:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/217006770.md)
  - [en](https://longbridge.com/en/news/217006770.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/217006770.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/217006770.md) | [繁體中文](https://longbridge.com/zh-HK/news/217006770.md)


# U.S. Stock Market News | Fangdd Network Soars Over 70%, Relevant Departments to Hold Real Estate Market Press Conference Tomorrow

According to Zhitong Finance APP, on Wednesday, Fangdd Network (DUO.US) surged over 70% after the opening, and as of the time of publication, it rose by 46.74% to $1.35. On the news front, Minister of Housing and Urban-Rural Development Ni Hong, along with officials from the Ministry of Finance, Ministry of Natural Resources, People's Bank of China, and China Banking and Insurance Regulatory Commission, will hold a press conference tomorrow to introduce the relevant situation of promoting the stable and healthy development of the real estate market

### Related Stocks

- [Fangdd Network Group Ltd. (DUO.US)](https://longbridge.com/en/quote/DUO.US.md)

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