Group 1 - The core viewpoint of the article is that the demand for data centers in the Asia-Pacific region is expected to double in the next three years due to the robust development of AI and the increasing demand for cloud services [1] - The report highlights that mature markets such as Japan, Australia, and South Korea will continue to see strong demand, while Singapore, despite limited supply, remains a focal point of interest [1] - It is projected that by 2028, the Asia-Pacific region will face a power shortage of 15 to 25 gigawatts due to limited power supply and a lack of infrastructure to support AI [1]

Group 1 - The core viewpoint of the report is that the demand for data centers in Hong Kong is strong due to the AI boom and digital transformation across various industries [1] - The report predicts that the supply of data centers in the Asia-Pacific region will double in the next three years, but there will be a power shortfall of 15 to 25 gigawatts by 2028 due to power supply limitations and lack of infrastructure supporting AI [1] - Hong Kong is positioned as a critical entry point for data center traffic in the Asia-Pacific region, attracting investment despite rising operational costs and infrastructure constraints [1] Group 2 - The Asia-Pacific region faces similar challenges, with strong demand for server hosting and large-scale data centers driven by the growth of AI and cloud services [2] - The rapid adoption of AI and cloud services is increasing the demand for next-generation data centers, but many existing and upcoming data centers are not designed to support AI workloads [2] - Data centers focused on AI require more than double the power density per server rack, advanced cooling systems, structural reinforcement, and low-latency network connections, posing significant challenges for developers [2]

Core Insights - The upcoming earnings report from Jones Lang LaSalle (JLL) is anticipated to show quarterly earnings of $2.02 per share, reflecting a 13.5% increase year-over-year, with revenues expected to reach $5.59 billion, a 9% increase from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised down by 0.9% in the last 30 days, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts project 'Revenue- Capital Markets' at $410.10 million, an increase of 8.6% from the prior year [5]. - The estimate for 'Revenue- Markets Advisory' is $569.15 million, showing a significant decrease of 40.1% year-over-year [5]. - 'Revenue- Capital Markets- Loan Servicing' is expected to reach $38.16 million, reflecting a slight decline of 1.4% [5]. - The consensus for 'Revenue- Capital Markets- Value and Risk Advisory' is $81.45 million, indicating a 1.6% increase [6]. - 'Revenue- Markets Advisory- Leasing' is projected at $546.66 million, a 9.9% increase from the previous year [6]. - 'Revenue- LaSalle' is expected to be $106.48 million, showing a 3% increase [6]. - 'Revenue- Markets Advisory- Advisory, Consulting and Other' is estimated at $22.50 million, a decrease of 2.6% [7]. - 'Revenue- Capital Markets- Investment Sales, Debt/Equity Advisory and Other' is projected at $290.50 million, reflecting a 12.3% increase [7]. - 'Revenue- JLL Technologies' is expected to be $54.64 million, a 1.4% increase [8]. - 'Revenue- Work Dynamics- Portfolio Services and Other' is projected at $51.40 million, indicating a significant decrease of 53.9% [8]. - 'Revenue- Work Dynamics- Project Management' is expected to be $225.46 million, reflecting a 65.7% decrease [8]. - 'Revenue- Work Dynamics- Workplace Management' is projected at $232.40 million, indicating a drastic decline of 91.9% year-over-year [9]. Stock Performance - Over the past month, JLL shares have increased by 6.8%, outperforming the Zacks S&P 500 composite, which saw a 0.4% change [9].

凯珊是我过去十年里最重要的朋友之一，我们是大学同学，对铺舍友，拥有非常多共同回忆。不过在毕 业后的六年里，我们却没有见过一次面——事实上，她和谁也没有多聚过，这些年，她停在原地学习只 为一件事：上岸。一开始，是为了考研苦学两年，后来又辗转考公。现实残酷，折腾许久后，她勉强在 激烈的竞技场找到了临时雇员的位置，而后，一边工作，一边继续追求上岸，生动诠释了"学海无涯"的 现实分量。 说起来，她也曾短暂地上岸过，还不止一次，却又因为各种各样的原因自我说服放弃了。作为她为数不 多的朋友，我切身观察到了她来自原生家庭、亲密关系以及个人性格里的困境，却屡次难以理解她的选 择。 毕业之后，我们命运的分野、价值观的悬殊，最终让这段友谊渐行渐远。难过的同时，我很想抱抱老 友，轻轻抚慰她：亲爱的，人生无"岸"，你追求的东西都是本来就有的啊。 1 再次见到凯珊是我们宿舍十周年的聚会上。我飞机晚点，最后一个到，她们点了一大堆吃喝在学校第二 食堂三楼包间等我。毕业六年，这是我们人最齐的一次聚会，为此，舍长提前三个月做规划，又是协调 八个人的假期，又是安排重聚日程，腾挪了几次，才最终敲定在2024年九月下旬相聚——正好又是当年 我们认识 ...