多只产品涨超2%！这类资产止跌回升

Core Viewpoint - The public REITs market has shown signs of recovery after a period of decline, with several funds experiencing significant gains, indicating a potential stabilization in the market [1][2]. Market Performance - On September 4, the CSI REITs All Return Index rose by 0.42%, with multiple public REITs gaining over 2%, including a 3.1% increase in the China Merchants Fund Shekou Rental Housing REIT [1][2]. - The previous week (August 25-29), the index recorded a 1.06% increase, closing at 1073.33 points [2]. - There is a noticeable differentiation within public REITs, with property-type REITs increasing by 1.55% and franchise-type REITs by 0.87% [2]. Year-to-Date Performance - As of September 4, 54 out of 58 listed REITs have achieved positive returns this year, with the Jia Shi Wu Mei Consumption REIT exceeding a 50% increase [3]. - Other notable performers include the Huaxia Dayuecheng Commercial REIT and the Bosera Tian Kai Industrial Park REIT, both with gains over 40% [3]. Market Challenges - The REITs market is currently under short-term pressure due to a high sentiment in the equity market, leading to reduced liquidity and significant index corrections [4]. - Among 47 public REITs, many have reported negative returns over the past 60 trading days, with four REITs experiencing declines exceeding 10% [4]. Financial Performance - For the first half of 2025, the overall revenue of REITs showed a slight increase of 0.6% year-on-year, while net profit decreased by 7.5% [6]. - The average cash distribution rate fell to 2.36%, a decline of 50 basis points year-on-year, and the average dividend rate dropped to 2.26%, down 146 basis points [6]. Long-term Investment Perspective - The current market conditions may present good long-term investment opportunities in public REITs, particularly in resilient sectors such as affordable housing and consumption [8][9]. - Investors are encouraged to adopt a long-term holding strategy to achieve better returns through reasonable asset allocation [9].