PresentationThe purpose of this call is actually to just introduce Bent to the market. He's very familiar and many of you knows since the past, but for some of you, he's new. So please, Bent, tell us a little bit about your background.Bent OustadCEO, President & Director Thank you. Pleasure being here. Thank you for joining this. I have to maybe start because a lot of you an list, all our companies have contacted me and wanted to have meetings with clients and interviews, et cetera. And I know Peter as an e ...

2026 房价会触底吗？来算算 大前提： 好地段！ 开门见山—— 答案是：远没有。 甚至可以武断一点： 未来 5-10 年买房都不会有性价比。 如果你不在一二线城市的核心地段，那房子必跌，这篇文章不会有参考意义。 1. 笨人的视角 这也是过去几年被割韭菜的主要视角。 "不会算，不用算" "钱够就买，反正自己住，不用管涨跌" 接下来，用三种人的视角，来算一算数字背后的逻辑。 这句话几年前在网上特别火： "刚需买房不用看涨跌，上车最重要。" 听起来很励志， 但 你明明可以便宜买，还更好，为什么要多花钱？ 你家这么富有，进商店都不用看价签是吗？ 你买房不看价签只看兜，那你就是方圆十里地最油亮的韭菜。 自住 ≠ 不用算账。 忽略数字的"刚需"，往往是最贵的刚需。 即： 2. 理性人的视角 "租售比大于 3" 租售比是什么？ 简单一句话：房租 ÷ 房价。 比如： 它衡量的是，每年能给我赚回百分多少本金。 为什么租售比要 ≥ 3%？ 目前中国四大行的分红率平均在 3% 以上，这个值也同时反映了目前的通胀。 当租售比 = 3% 时，意味着买房和把钱存银行的效果是一样的。 如果低于这个值，那就意味着：你买房不如租房。 因为租 ...

Global hedge fund Qube Research & Technologies (QRT) is set to become the largest private tenant at Two International Finance Centre, signing a multi-story lease as falling rents drive a wave of office upgrades across Hong Kong's premier business district. The London-based firm will take up to 146,000 sq ft of space across six floors owned by MTR Corp in Two International Finance Centre, for an undisclosed rental amount. The space was previously occupied by the UBS Group. QRT's lease was set to begin in ...

Core Viewpoint - China Vanke is facing financial difficulties and is actively seeking to negotiate with bondholders and banks to extend its debt payments, particularly concerning a 2 billion yuan ($283.99 million) bond [1] Group 1: Company Situation - China Vanke has initiated a second meeting with holders of a 2 billion yuan bond as part of its efforts to manage its debt obligations [1] - The company is in a challenging financial position, indicating a need for restructuring or renegotiation of its debt [1] Group 2: Industry Context - The situation reflects broader challenges within the real estate sector in China, where many companies are struggling with liquidity and debt management [1]

I give a strong buy rating to UMH Properties, Inc. ( UMH ). The outlook for the company is very positive thanks to its opportunity to benefit from the shortage of affordable housing in the US. InI am a dynamic finance professional with a Master’s in Banking & Finance from Université Paris 1 Panthéon-Sorbonne. My investing background mix corporate finance, M&A, and investment analysis, with a focus on real estate, renewable energy, and equity markets. I specialize in financial modelling, valuation, and quali ...

Core Viewpoint - UMH Properties, Inc. is rated as a strong buy due to its favorable position to capitalize on the shortage of affordable housing in the US [1] Company Summary - The company is expected to benefit significantly from the current market conditions related to affordable housing [1] Analyst Background - The analysis is conducted by a finance professional with a Master's in Banking & Finance, specializing in financial modeling, valuation, and qualitative analysis, particularly in real estate and renewable energy sectors [1]

Buying your first home at 40 doesn’t make you late. It just means you’re part of the new normal. According to the National Association of Realtors (NAR), the median age for first-time buyers hit a record 40 in 2025 (1). Must Read Even more concerning, NAR estimates that delaying a first home purchase until age 40 rather than age 30 could cost you about $150,000 in lost starter-home equity (2). What’s going on? Traditionally, first-time homebuyers were in their late 20s or early 30s (1, 2). But the cl ...

Shares of Texas Pacific Land Corporation surged on Wednesday after the company announced a strategic partnership aimed at developing large-scale data centre campuses across its extensive land holdings... ...

Core Insights - The first batch of floating fee rate funds has shown significant performance differentiation, highlighting the varying capabilities of fund managers in terms of positioning, sector allocation, and market judgment [1][9] Performance Overview - As of December 16, 2025, out of 26 funds, 19 achieved positive returns while 7 reported negative returns. The top performer, Huashang Zhiyuan Return A, delivered a remarkable return of 58.90%, followed by Xin'ao Advantage Industry A at 36.86% and E Fund Growth Progress A at 34.98% [2][10] - Other notable performers include Jiashi Growth Win A and Invesco Great Wall Growth, both exceeding 23% returns. Conversely, funds like Guangfa Value Steady A and Yinhua Growth Smart A reported negative returns of -8.32% and -3.35%, respectively [2][10] - The overall distribution of fund returns is characterized by a "middle large, both ends small" pattern, with most funds yielding between -0.1% and 7% [2][10] Fund Size and Performance Relationship - Notably, high-performing funds are not exclusively large. Huashang Zhiyuan Return A, with a size of 2.838 billion yuan, is the largest, while Jiashi Growth Win A, with a size of 406 million yuan, achieved a return of 32.88%, demonstrating the agility of smaller funds in volatile markets [2][10] Investment Strategies - Top-performing funds tend to focus on high-growth sectors. For instance, Huashang Zhiyuan Return A has concentrated holdings in AI computing-related stocks, with significant contributions from stocks like Zhongji Xuchuang and Shijia Photon, which saw increases of 45.39% and 40.17% over the past three months [3][11] - Xin'ao Advantage Industry A has a high concentration in semiconductor storage, with key stocks like Demingli and Jiangbolong rising by 55.43% and 119.02%, respectively. However, this strategy also led to volatility, as some holdings experienced declines of 13% to 21% [5][13] - E Fund Growth Progress A adopts a more balanced approach, diversifying across sectors such as optical communication and consumer electronics, successfully capturing gains from leading stocks [6][15] Underperforming Funds - Underperforming funds often remain focused on traditional industries or deviate from market trends. Guangfa Value Steady A has a significant allocation to liquor stocks, which have generally declined over 10% in the past three months, contrasting sharply with the strong performance of technology sectors [7][16] - Yinhua Growth Smart A is heavily invested in the real estate sector and certain pharmaceutical stocks, with some holdings experiencing declines as steep as 44.58%, indicating a lack of timely adjustments to market shifts [8][17] Conclusion - The short-term performance of the first batch of floating fee rate funds reflects a collision of different investment strategies and market styles in 2025. Funds aligned with the technology growth narrative performed strongly, while those focused on traditional value or balanced strategies lagged behind [9][17]

Markets opened marginally higher on Wednesday, attempting a recovery after sharp losses in the previous session, as benchmark indices traded in a narrow range amid mixed global cues and persistent foreign institutional investor outflows. The BSE Sensex, which closed at ₹84,679.86 on Tuesday, opened at ₹84,856.26 and was trading at ₹84,685.74, up 5.88 points or 0.01 per cent at 9.55 a.m. The NSE Nifty 50, which closed at 25,860.10, opened at 25,902.40 and was trading at 25,868.55, up 8.45 points or 0.03 per ...