市场数据仓

以下是自2023年9月18日交易开始生效的再平衡结果：

• GPR/APREA 可投资 100 指数
• GPR/APREA 可投资 REIT 100 指数
• GPR/APREA综合指数
• GPR/APREA综合REIT指数（标有星号）

GPR/APREA 可投资 100 指数

包含物

除外条款

GPR/APREA 可投资 REIT 100 指数

包含物

除外条款

GPR/APREA综合指数

包含物

除外条款

没有任何

以下是自2023年6月19日交易开始生效的再平衡结果：

• GPR/APREA 可投资 100 指数
• GPR/APREA 可投资 REIT 100 指数
• GPR/APREA综合指数
• GPR/APREA综合REIT指数（标有星号）

GPR/APREA 可投资 100 指数

包含物

除外条款

GPR/APREA 可投资 REIT 100 指数

包含物

除外条款

GPR/APREA综合指数

包含物

除外条款

没有任何

以下是GPR/APREA指数系列的再平衡结果，这些结果将于以下日期生效： 20 March 2023 （交易开始）：

• GPR/APREA 可投资 100 指数
• GPR/APREA 可投资 REIT 100 指数
• GPR/APREA综合指数
• GPR/APREA综合REIT指数（标有星号）

GPR/APREA 可投资 100 指数

包含物

除外条款

GPR/APREA 可投资 REIT 100 指数

包含物

除外条款

GPR/APREA综合指数 + GPR/APREA综合REIT指数

包含物

除外条款

以下是GPR/APREA指数系列的再平衡结果，这些结果将于以下日期生效： 2022年12月19日 （交易开始）：

• GPR/APREA 可投资 100 指数
• GPR/APREA 可投资 REIT 100 指数
• GPR/APREA综合指数
• GPR/APREA综合REIT指数（标有星号）

GPR/APREA 可投资 100 指数

包含物

除外条款

GPR/APREA 可投资 REIT 100 指数

包含物

除外条款

GPR/APREA综合指数 + GPR/APREA综合REIT指数

包含物

除外条款

For REIT markets in the region, July’s rally lasted until the Jackson Hole meeting in August. The Fed reiterated its hawkish stance in its annual symposium, which sparked a selloff in the region’s markets. Geopolitical tensions also cast a pall on the region’s equities. Most central banks in the region continued to raise rates to keep pace with the Fed and rein in inflation; Thailand and Indonesia raised their respective policy rates for the first time in almost four years to join the list of central banks that are unwinding Covid-induced stimulus measures.

7月份的消息依然充满挑战，投资者预期发达国家的央行将继续延长加息周期，并通过收紧货币供应来抑制通胀。受乌克兰旷日持久的冲突以及美国和欧洲经济增长放缓的影响，全球经济前景也日渐黯淡。与此同时，数据显示，中国为遏制新冠疫情而采取的大范围封锁措施，导致第二季度经济活动承压。中国经济同期仅增长0.41万亿至3万亿美元，创下两年前新冠疫情爆发以来的最低增速。尽管如此，随着投资者逐渐摆脱负面情绪，该地区的资本市场出现反弹。美国强劲的企业盈利以及俄罗斯有望恢复对欧洲的天然气供应提振了市场情绪，推动该地区股市上涨。.

以下是GPR/APREA指数系列的再平衡结果，这些结果将于以下日期生效： 2022年9月19日 （交易开始）：

• GPR/APREA 可投资 100 指数
• GPR/APREA 可投资 REIT 100 指数
• GPR/APREA综合指数
• GPR/APREA综合REIT指数（标有星号）

GPR/APREA 可投资 100 指数

包含物

除外条款

GPR/APREA 可投资 REIT 100 指数

包含物

除外条款

GPR/APREA综合指数 + GPR/APREA综合REIT指数

包含物

没有任何

除外条款

没有任何

The Fed raised its key benchmark rate by 75 bps in June, to 1.50%-1.75%, to combat inflationary pressures, which reached 8.6% in May, the highest level in over 40 years. Central banks in the region followed suit with hikes in Australia, Taiwan, Hong Kong, India and the Philippines noted. The hawkish stance heightened concerns about a possible US recession, which further clouded capital markets. Yields on 10-year treasuries rose above 3% to peak at 3.5% during the month before falling back. Key sections of the treasury yield curve also inverted as data on US inflation drove traders to boost bets on the pace of Fed tightening. Two-year yields rose above 10-year rates for the first time since April  while five-year yields were noted to have surged as much as 17 bps above 30-year rates to record the widest spread in over two decades. Consequently, markets are pricing in a growing risk that the Fed’s  bid to engineer a soft landing for the world’s biggest economy are likely to falter.

Concerns about inflation and slowing economic growth continued to depress capital markets in April. The U.S. reading for inflation hit 8.5% in March, the highest since 1981, recalling an era when interest rates were raised to near 20% under then Fed Chairman Paul Volcker. Markets came under pressure as escalating inflationary pressures are raising the likelihood of more aggressive rate hikes. This pushed the greenback to finish the month near two-decade highs. Monetary authorities in South Korea and Singapore also announced tightening moves. South Korea’s rate decision came after New Zealand delivered a larger-than-expected 50 basis point hike as more central banks across the region made preemptive announcements to shift their focus to fight surging inflation. The recent Covid-19 lockdown of Shanghai also led to concerns about China’s economic growth outlook and the potential for further global supply chain disruptions. With developments clouding global economic prospects, investors endured a torrid April. Total returns from Asia Pacific stocks, as tracked by MSCI, ended in the red. However, the region’s property stocks dealt with the volatility better, recording lower declines to outperform the wider equity market.