U.S. stock market midday update: Opendoor Tech up 7.36%

U.S. Stock Market Midday Update

Opendoor Tech rose 7.36%, with increased trading volume. Based on recent important news:

1. On August 12, retail investors of Opendoor believed the company possesses a wealth of data and may transform into an AI-driven real estate giant, driving the stock price up by 7.36%.

2. On August 11, new regulatory rules in the lending industry were introduced, which may affect Opendoor's business model, and the market reacted positively.

3. On August 12, JP Morgan released a research report maintaining a "reduce" rating on SMIC, raising the target price to HKD 36, affecting market sentiment.

Stocks with High Trading Volume in the Industry

Costa fell 3.28%, with increased trading volume. According to recent important news:

1. On August 12, market analysts did not include Costa in their recommended stock list, despite its rating being "moderate buy," as they favored five other stocks, leading to a decline in investor confidence and a 3.28% drop in stock price.

2. On August 11, new regulatory rules required loan platforms to be transparent about fees, which may affect Costa's business model, and the market reacted negatively.

3. On August 11, Brilliance BMW reported a decline in performance, affecting the profits of related joint ventures, raising concerns about Costa's profitability.

Zillow-C rose 0.97%, with increased trading volume. According to recent important news:

1. On August 12, Zillow Group's Chief Accounting Officer Jennifer Rock sold common stock of the company, raising market concerns about internal confidence, leading to stock price fluctuations.

2. On August 11, Zillow Group board member April Underwood sold common stock of the company, further exacerbating market doubts about the company's future performance.

3. On August 11, analysts maintained a hold rating on Zillow Group, believing there are better investment options, affecting investor confidence.

Jones Lang LaSalle rose 1.84%, with increased trading volume. Based on recent important news:

1. On August 12, Jones Lang LaSalle reported that total commercial real estate investment in the Asia-Pacific region is expected to soar to USD 31.2 billion in the second quarter of 2025, a year-on-year increase of 15%. This indicates enhanced market confidence in commercial real estate, driving stock prices up.

2. On August 12, total commercial real estate investment in mainland China reached USD 5.2 billion, a year-on-year increase of 7%. The increased demand for quality assets further boosted market sentiment.

3. On August 12, the head of investment and capital markets for Jones Lang LaSalle in China stated that the continuous strengthening of domestic demand stimulus measures at the policy level is expected to attract more buyers and local investment institutions, enhancing market confidence.

Stocks with High Market Capitalization in the Industry

CBRE Group rose 0.95%, with increased trading volume. Based on recent important news:

1. On August 10th, CBRE's Hong Kong Capital Markets Department stated that the Hong Kong Grade A office market is recovering, with recent transactions being active, attracting investors to enter the market and driving stock prices up.

2. On August 10th, Yonglun Group significantly reduced the price of its properties for sale, with CBRE acting as the agent, and the market response was positive, enhancing the company's reputation.

3. On August 10th, analysts maintained a "Moderate Buy" rating for CBRE, with market confidence strengthening