The next day, even stricter real estate purchasing restrictions were piloted in 12 cities, including Beijing, Shanghai, Guangzhou, and Shenzhen.
This move acted like an adrenaline shot; new housing developments across major cities saw a surge in prices.
Those who owned homes were pleased, while those who didn't were miserable.
"YunOS."
Lu Liang had a long conversation with Zhu Hu last night and learned a lot of information beyond the regular data.
For instance, last year Luo pledged 27.84% of his shares to Ali in exchange for a loan of 350 million dollars.
Ali was the lender, or you could say the prospective financier.
Recently, Ali continuously hyped up the Yun system and even took a stake in Meizu, persuading them to use their operating system.
However, smartphones equipped with YunOS had lackluster market sales, which in turn affected the development of the Yun system.