July 20, 2025 09:00 PM GMT China – Sustainability | Asia Pacific Interpreting China's Quasi- Stewardship Code – Expert Call Takeaways M In our latest Sustainability Roundtable, we hosted Frank Hu, CFA, Chief Research Officer at ZD Proxy Shareholder Service. He provided a comprehensive overview of the drivers reshaping governance norms in China and the nuances of China's quasi- Stewardship Code. Key Takeaways Note: This report summarizes the views from our external speaker, Frank Hu. His views are is his own ...

Summary of Key Points from the Conference Call Industry Overview - The report focuses on the **China Consumer Sector** and its performance as indicated by the **Five-factor Consumer Activity Z-Score** compared to **MSCI China** [1][3]. Core Insights and Arguments - **Consumer Activity Decline**: Consumer activity weakened in June 2025, as evidenced by a decline in the Five-factor Consumer Activity Z-Score [6][7]. - **Contributing Factors**: The decline in consumer activity is attributed to: - Early promotions in May - Temporary suspension of subsidies - Tighter government control on entertainment [7]. - **Mixed Signals**: While commodity retail sales and catering softened, there were slight improvements in household loans, air passenger travel, and passenger car sales [7]. - **Future Outlook**: The payback of export front-loading and delayed new stimulus measures may pressure consumer sentiment in the upcoming months [7]. - **Government Actions**: The impact of recent government efforts to control price wars among e-commerce platforms remains uncertain [7]. Important but Overlooked Content - The report includes a detailed analysis of five key factors influencing consumer activity: 1. Year-over-year change in household loans 2. Year-over-year change in retail sales in catering 3. Year-over-year change in retail sales in commodities (excluding autos) 4. Year-over-year change in passenger car retail sales (3-month moving average) 5. Year-over-year change in air passenger traffic (3-month moving average) [2][6]. This comprehensive analysis provides a nuanced view of the current state of the consumer sector in China, highlighting both challenges and areas of slight improvement.

Group 1 - The article discusses the tendency of some investors to criticize analysts for their stock predictions, particularly when a stock experiences a significant decline in a short period [1] - It highlights the author's background as an economics teacher from the Netherlands, emphasizing a focus on income investing and identifying undervalued Real Estate Investment Trusts (REITs) [1] - The investment strategy mentioned revolves around long-term horizons, contrarian approaches, and deep-value opportunities [1] Group 2 - The article includes a disclosure indicating a beneficial long position in the shares of AHH, either through stock ownership or derivatives [2] - It clarifies that the article reflects the author's opinions and is not influenced by compensation from any company mentioned [2] - The disclosure also states that past performance does not guarantee future results and that no specific investment advice is being provided [3]

Group 1 - Getty Realty (NYSE: GTY) has underperformed over the past year, losing approximately 13% of its value [1] - The company's reliance on capital market access to finance its growth ambitions has negatively impacted its stock performance [1]

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how EastGroup Properties performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: View all Key Company Metrics for EastGroup Properties here>>> EastGroup Properties (EGP) reported $177.29 million in revenue for the quarter ended June 2025, ...

Raymond James Financial, Inc. (RJF) came out with quarterly earnings of $2.18 per share, missing the Zacks Consensus Estimate of $2.37 per share. This compares to earnings of $2.39 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -8.02%. A quarter ago, it was expected that this company would post earnings of $2.44 per share when it actually produced earnings of $2.42, delivering a surprise of -0.82%. There are no easy answers ...

SEI Investments (SEIC) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +50.85%. A quarter ago, it was expected that this investment management firm would post earnings of $1.12 per share when it actually produced earnings of $1.17, delivering a surprise of +4.46%.Over the last four qu ...

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Core Viewpoint - The share price of CTO Realty Growth, Inc. significantly declined following allegations from Wolfpack Research regarding misleading statements about dividend sustainability and questionable financial practices [1][4]. Group 1: Allegations and Investigations - Wolfpack Research published a report accusing CTO of misleading investors about its dividend sustainability and engaging in dubious financial activities, leading to a decline in share price [1][4]. - Hagens Berman, a national shareholders rights firm, has initiated an investigation into CTO's practices and potential violations of securities laws, urging affected investors to come forward [2][3]. - The investigation focuses on CTO's adherence to accounting rules and the use of non-GAAP accounting metrics, particularly concerning the quality of its real estate portfolio and reported asset values [3][5]. Group 2: Financial Practices and Management - Wolfpack's report claims that CTO's management has misrepresented the quality of its properties, highlighting that some are in extreme financial distress and that the company relies on dilution to cover a $38 million dividend shortfall [4][5]. - The report criticizes CTO's definition of Adjusted Funds From Operation (AFFO), stating it excludes recurring capital expenditures, which is not consistent with industry peers, and suggests that management has inflated performance bonuses by $8 million [5][8]. - Allegations include misleading investors about dividend sustainability while enriching management and engaging in questionable accounting practices, such as using a sham loan to mask a tenant's failure [8].

Billionaire Alberto Safra’s investment firm, ASA, is dismissing about 10 employees https://t.co/BVhGKVllWQ ...