According to the CITIC Securities Research Report, in the second half of August, the public REITs secondary market ushered in a continuous rebound. Among them, the industrial parks and warehousing and logistics sectors, which had a deep decline in the previous period, showed greater elasticity, while the consumer infrastructure and data center sectors, which had a relatively high level of market recognition, also recorded a certain increase. However, from the perspective of market trading, there was no significant increase in market turnover and turnover rates under this round of rebound, or showed some degree of capital hesitation. Looking ahead to September, capital may still be an important variable affecting the market. Along with some first-level projects to be issued or progressing one after another, the market expects incremental capital, including insurance funds to liberalize the scope of commercial real estate REITs investment, the entry of funds from public funds such as index funds, public FOF, and second-tier debt bases, and the entry of long-term capital into the market. In summary, before the strong demand policy is implemented, investors are advised to remain cautious and optimistic, focusing on the chance that some steady operating assets will overfall due to financial and emotional fluctuations.

According to the CITIC Securities Research Report, in the second half of August, the public REITs secondary market ushered in a continuous rebound. Among them, the industrial parks and warehousing and logistics sectors, which had a deep decline in the previous period, showed greater elasticity, while the consumer infrastructure and data center sectors, which had a relatively high level of market recognition, also recorded a certain increase. However, from the perspective of market trading, there was no significant increase in market turnover and turnover rates under this round of rebound, or showed some degree of capital hesitation. Looking ahead to September, capital may still be an important variable affecting the market. Along with some first-level projects to be issued or progressing one after another, the market expects incremental capital, including insurance funds to liberalize the scope of commercial real estate REITs investment, the entry of funds from public funds such as index funds, public FOF, and second-tier debt bases, and the entry of long-term capital into the market. In summary, before the strong demand policy is implemented, investors are advised to remain cautious and optimistic, focusing on the chance that some steady operating assets will overfall due to financial and emotional fluctuations.