According to CoinMeta, as of November 4th, 20 cities including Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan, and Hangzhou have implemented the detailed rules for the "August 28" new policy. Cities such as Nanchang, Mianyang, and Luzhou are also seeking opinions on these detailed rules. Local authorities are implementing pre-sale requirements in a manner that separates new projects from old ones and promotes them in different categories, clarifying details such as key regulatory quotas, sales of existing houses, the principal bank system, and installment payments for land fees. In more cities, the remaining payments for land transfer fees will be settled within two years, and there is encouragement for the replacement of guarantees with other forms of payment, as well as support for phased development and completion of projects.