Group 1 - The article discusses the performance and outlook of the two-wheeled vehicle business of Ninebot Company, focusing on its core target audience and providing a full lifecycle user experience [3] - The company is expected to maintain a growth trajectory supported by internationalization and diversification strategies, with projected net profits of 2 billion, 2.7 billion, and 3.5 billion yuan for 2025-2027, corresponding to PE ratios of 23, 18, and 14 times [4] Group 2 - The report highlights the performance of public REITs in China, with a total of 75 products and a combined issuance scale of 196.62 billion yuan as of September 30, 2025, noting a downward trend in secondary market prices [10] - The article emphasizes the ongoing recovery of industrial profits in China, with a year-on-year growth rate improvement observed from January to August 2025, and suggests that domestic exports may remain resilient [12] - The report on the controllable nuclear fusion industry indicates positive progress with the successful installation of the BEST Dewar base, anticipating a period of intensive bidding and highlighting the long-term growth potential of the industry [14] Group 3 - The article outlines three new variables driving the recent rise in gold prices during the National Day holiday, including concerns over U.S. government shutdowns, political changes in Japan and France, and increased inflows into gold ETFs [22] - The credit bond market is experiencing growth, with a total outstanding balance of 30.49 trillion yuan and a net financing of 139.89 billion yuan in September 2025, indicating a widening credit spread [24] - The report indicates a sustained increase in market risk appetite, with over 60% of stocks in the CSI 300 index rising in the past month, reflecting optimistic market sentiment [27]

Company Overview - Lamar Advertising Company (NASDAQ: LAMR) is a leading REIT in the US billboard industry, with operations extending into Canada and a history of significant expansion through acquisitions over more than 120 years [1]. Analyst Insights - The analyst has over 10 years of experience researching companies across various sectors, including commodities and technology, and has researched over 1000 companies in total [1]. - The analyst has transitioned from writing a blog to creating a value investing-focused YouTube channel, where they have researched hundreds of companies, with a particular interest in metals and mining stocks, as well as comfort in other industries like consumer discretionary/staples, REITs, and utilities [1].

If you want access to our entire Portfolio and all our current Top Picks, feel free to join us for a 2-week free trial at High Yield Landlord.Austin is a contributing author for the investing group High Yield Landlord , one of the largest real estate investment communities on Seeking Alpha, with thousands of members. It offers exclusive research on the global REIT sector, multiple real money portfolios, an active chat room, and direct access to the analysts. Learn moreAustin Rogers is a REIT specialist with ...

证券分析师 黄伟平 A0230524110002 huangwp@swsresearch.com 杨雪芳 A0230524120003 yangxf@swsresearch.com 研究支持 曹璇 A0230125070001 caoxuan@swsresearch.com 2025 年 10 月 11 日 假期前后四连跌，华润商业 REIT 二 次扩景已申报 公募 REITs 周度跟踪（2025.09.29-2025.10.10） 发项目注册牛效 -- 公墓 2025.09.22-2025.09.26 ) 》 流动性连续第四周环降 -- 公募 ElTs (2025.09.15-2025.09.19) 》 2025/09/20 《发改委发文，助推 REITs 市场扩围 公募 REITs 周度跟踪 (2025.09.08-2025.09.12)》 2025/09/13 请务必仔细阅读正文之后的各项信息披露与声明 REITs 市场持续承压。假期前后 REITs 市场整体表现疲软，连续四个交易日均收 O 跌，八大板块中仅数据中心板块逆势收涨。市场流动性持续收缩，(周度）日均换 手率已进一步降至 0.3%以下（剔除上 ...

2025 年 10 月 11 日 总量研究 二级市场价格持续下跌，新增一只 REITs 产品上市 ——REITs 周度观察（20250929-20251010） 要点 1、 二级市场 2025 年 9 月 29 日-2025 年 10 月 10 日（以下简称"本期"），我国已上市公 募 REITs 二级市场价格整体呈现持续下跌的态势：加权 REITs 指数收于 183.91， 本期回报率为-0.47%。与其他主流大类资产相比，回报率由高至低排序分别为： 黄金>可转债>A 股>纯债>REITs>美股>原油。 主力净流入：本期主力净流入总额为 983 万元，市场交投热情较上期有所下滑。 从不同底层资产 REITs 来看，期内主力净流入额前三的是消费基础设施类/新型 基础设施类/生态环保类；从单只 REIT 来看，期内主力净流入额前三的 REITs 是南方润泽科技数据中心 REIT/华夏华润商业 REIT/华安张江产业园 REIT。 大宗交易：本期大宗交易总额达 4310 万元，较上期有所下降。本期有 4 个交易 日有大宗交易成交，大宗交易总成交额为 4310 万元，星期四（2025 年 10 月 09 日）大宗交 ...

Group 1 - The article discusses the author's journey into investing, starting in high school in 2011, focusing on REITs, preferred stocks, and high-yield bonds, indicating a long-standing interest in markets and the economy [1] - The author has recently adopted a strategy that combines long stock positions with covered calls and cash secured puts, emphasizing a fundamental long-term investment approach [1] - The author primarily covers REITs and financials on Seeking Alpha, with occasional articles on ETFs and other stocks influenced by macro trade ideas [1]

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials, and most are 5 stars. Nothing to lose with our FREE 2-week trial .Don't worry, this article isn't about AI. As important as this topic may be, it's time for a little detour. However, it's still based on something I wrote in most AI-focused articles, as I noted that the market is likelyAnalyst’s Disclosure:I/we have a beneficial long position ...

Since covering them back in August , Kimco Realty (NYSE: KIM ) is now back almost to the same level despite some positive developments that could potentially warrant a better valuation.As of 2025, I've got over 10 years of researching companies. In total, throughout my investing life, I estimate that I researched (in depth) well over 1000 companies, from commodities like oil, natural gas, gold and copper to tech like Google or Nokia and many emerging market stocks, which I believe could help me provide usef ...

I ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock positions with covered calls and cash secured puts. I approach investing purely from a fundamental long-term point of view. On Seeking Alpha I mostly cover REITs and financials, with occasional articles on ETFs and other stocks driven by a macro trade idea.Analyst’s D ...

As of 2025, I've got over 10 years of researching companies. In total, throughout my investing life, I estimate that I researched (in depth) well over 1000 companies, from commodities like oil, natural gas, gold and copper to tech like Google or Nokia and many emerging market stocks, which I believe could help me provide useful content for readers. After writing my own blog for about 3 years, I decided to switch to a value investing-focused YouTube channel, where I researched hundreds of different companies ...