J P M O R G A N Asia Pacific Equity Research 07 December 2025 Mainland China/Hong Kong Property Investor feedback from recent marketing Over the past month, we have spoken with >80 investors across different regions, and we summarize the key investor feedback below. Relatively, stock-picking interest in Hong Kong Property is much higher. Within Mainland China Property, the most enquired stocks remain CR Land and CR Mixc. Among HK property companies, we received more enquiries on SHKP, Link REIT, Henderson, ...

Core Insights - MSTY has gained significant popularity among retail investors, particularly on the YieldMaxETFs subreddit, as a top choice for dividend yield [1][2] - A Redditor conducted a data-driven analysis revealing that buying MSTY before the ex-dividend date often yields better returns than waiting [3][5] Investment Analysis - The analysis tracked MSTY's pre-dividend price, dividend amount, ex-dividend drop, and subsequent trading over six months [4][8] - Results showed that in four out of six months, purchasing MSTY before the dividend payout resulted in positive returns, with March yielding a notable 12.77% total return despite a 7% dividend yield [9] - April was the only month with a negative return, showing a total return of -0.30% despite a solid dividend yield [9] Market Behavior - MSTY is characterized as an options-income fund that performs well in volatile markets, offering substantial distributions in the 6-10% range [10] - The "buy the dip for income" mentality is prevalent among income-focused investors, who seek lower entry points to maximize dividend payouts [11] Future Considerations - Diversification is emphasized as a key strategy to mitigate risk, suggesting that no single investment should dominate a portfolio [13] - It is recommended to reinvest high distributions from MSTY into stocks with better growth potential, rather than solely accumulating more MSTY shares [14] - Regular reassessment of investment strategies is advised to adapt to changing market conditions [15]