The Zhitong Finance App learned that ESR (01821) was over 4% higher. At press time, it had risen 4.83% to HK$12.6, with a turnover of HK$374 million. According to the news, the company spent 7,542 million Hong Kong dollars to buy back 625,000 shares on May 9, and previously spent HK$6.103,300 on the 8th to repurchase 500,000 shares.

Shen Wan Hongyuan said that the logistics real estate industry is in a golden age of rapid development. As the Asia Pacific logistics real estate leader, ESR continues to adhere to an asset-light strategy and expand its management scale by acquiring ARA to expand its own management scale, believing that the company will maintain long-term and steady growth and maintain “buying” ratings.