Four stocks, namely Capitaland Investment (CLI), NTT DC Reit, OKP and Riverstone caught my attention last month. In the interest of time, I will just outline some noteworthy points on CLI and Riverstone. 1) CLI closed at $2.79 a) Strength in China equity market Shanghai Composite Index (SSE) closes at 3,876 on 1 Sep, near a 10 year high. Previously, when China market rallied from 2,690 on 18 Sep 2024 to an intraday high of 3,674 on 8 Oct 2024, CLI soared to a high of $3.20 during that period. SSE is now at 3,876 and CLI is only at $2.79; b) CLI has stakes in six listed reits CLI has stakes in Capitaland Ascendas, Capitaland Int Comm; Capitaland Ascott; Capitaland China; Capitaland India and Capitaland Malaysia Trust. If the reits perform well in share prices and operations, CLI should benefit to some extent too. Today, Business times has an…
