{"ticker": {"uuid": "19210f0b-1aea-4dc1-b6bc-cb0ca97ec690", "symbol": "0778", "name": "Fortune Real Estate Investment Trust", "exchange": "HKG", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "0778 closed the latest completed week at 4.74 HKD. The 4-week return is -5.0% and the 12-week return is -1.9%. Trend Signal is inactive, Market Dynamics is -1.03.", "description": "Fortune Real Estate Investment Trust is a real estate investment trust constituted by a trust deed (as amended or otherwise modified from time to time). It is the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. Fortune REIT currently holds a portfolio of 17 retail properties, with 16 private housing estate retail properties in Hong Kong and 1 neighborhood mall in Singapore, comprising approximately 3 million sq. ft. of retail space and 2,793 car parking spaces. The retail properties are Fortune City One, +WOO, Ma On Shan Plaza, Metro Town, Belvedere Square, Laguna Plaza, Fortune Metropolis, Waldorf Avenue, Caribbean Square, Jubilee Square, Tsing Yi Square, Smartland, Stars of Kovan Property, Hampton Loft, Centre de Laguna, Lido Avenue and Rhine Avenue. They house tenants from diverse trade sectors such as supermarkets, food and beverage outlets, banks, real estate agencies, and education providers. Fortune Real Estate Investment Trust was established on July 04, 2003 and incorporated in Hong Kong.", "setup_signature": "Balanced read", "composite_score": "43", "kpis": [{"label": "Latest Close", "value": "4.74 HKD", "hint": "2026-06-12"}, {"label": "1W Return", "value": "-0.2%", "tone": "negative", "hint": "latest completed week"}, {"label": "4W Return", "value": "-5.0%", "tone": "negative", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-1.9%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "76.9%", "hint": "40 of 52 weeks active"}, {"label": "Volume Ratio", "value": "0.7x", "hint": "vs 13-week average"}], "classification": {"exchange": "HKG", "country": "HK", "sector": "Real Estate", "industry": "Reit - Retail", "currency": "HKD", "market_cap": "10.0B"}, "price": {"trend_line": "4.86 HKD", "fair_value": "4.11 HKD", "vs_trend": "-2.5%", "vs_fair_value": "15.3%", "high_52": "5.26 HKD", "low_52": "4.25 HKD", "drawdown": "-9.8%", "range_position": "48.5%"}, "momentum": {"returns": [{"label": "1W", "value": -0.2105263157894692, "value_label": "-0.2%", "tone": "negative", "width": 4}, {"label": "4W", "value": -5.0100200400801596, "value_label": "-5.0%", "tone": "negative", "width": 14.314342971657599}, {"label": "12W", "value": -1.8744058640186183, "value_label": "-1.9%", "tone": "negative", "width": 5.355445325767481}, {"label": "26W", "value": -1.4803307766716995, "value_label": "-1.5%", "tone": "negative", "width": 4.229516504776284}, {"label": "52W", "value": 11.403669787301258, "value_label": "11.4%", "tone": "positive", "width": 32.581913678003595}], "trend_streak": 0, "active_weeks": 40, "active_breadth": "76.9%", "peer": {"scope": "HK Real Estate", "count": 249, "rank": 105, "percentile": 58.06451612903225, "avg_weekly_return": -1.394328138914688}}, "setup": {"scores": [{"label": "Trend", "value": 42.307692307692314, "value_label": "42", "width": 42.307692307692314, "tone": "neutral", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 36.78998863019888, "value_label": "37", "width": 36.78998863019888, "tone": "neutral", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 23.370046487242266, "value_label": "23", "width": 23.370046487242266, "tone": "negative", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 54.312312109739125, "value_label": "54", "width": 54.312312109739125, "tone": "neutral", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 31.299741030563812, "value_label": "31", "width": 31.299741030563812, "tone": "negative", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 70.56094157190455, "value_label": "71", "width": 70.56094157190455, "tone": "positive", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": 3.2258165888981707, "return_label": "3.2%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 26.881804907484756}, {"week": "6 Mar", "return": -3.4926341874773565, "return_label": "-3.5%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 29.10528489564464}, {"week": "13 Mar", "return": -4.3809709325893005, "return_label": "-4.4%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 36.50809110491084}, {"week": "20 Mar", "return": -0.398402759993778, "return_label": "-0.4%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 4}, {"week": "27 Mar", "return": -2.702469949554327, "return_label": "-2.7%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 22.520582912952726}, {"week": "3 Apr", "return": 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false, "positive_rs": true}, {"id": 42604, "symbol": "2778", "name": "Champion Real Estate Investment Trust", "exchange": "HKG", "url": "/terminal/e79006c6-f79d-4828-a078-d0c1d6f4ba01/report/", "weekly_return": -4.641350210970478, "weekly_return_label": "-4.6%", "weekly_return_tone": "negative", "four_week_return": -7.755102040816341, "four_week_return_label": "-7.8%", "four_week_return_tone": "negative", "twelve_week_return": -0.8771929824561412, "twelve_week_return_label": "-0.9%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": true}, {"id": 40315, "symbol": "0823", "name": "Link Real Estate Investment Trust", "exchange": "HKG", "url": "/terminal/7b3783e0-b7c2-485b-9fde-69d3a5771d55/report/", "weekly_return": -0.5700775165949677, "weekly_return_label": "-0.6%", "weekly_return_tone": "negative", "four_week_return": -8.828064042743392, "four_week_return_label": "-8.8%", "four_week_return_tone": "negative", "twelve_week_return": 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Value, showing premium demand versus the model."], "risks": ["Trend Signal is inactive, so price action has not confirmed a constructive regime.", "Price is below the Trend Line, which keeps downside pressure in focus.", "Market Dynamics is negative, which weakens the current setup."], "watch_points": ["Trend Line remains the key weekly regime level.", "Market Dynamics is the pressure gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "recent_rows": [{"week": "2026-06-12", "close": "4.74 HKD", "weekly_return": -0.2105263157894692, "weekly_return_label": "-0.2%", "weekly_return_tone": "negative", "trend_line": "4.86 HKD", "fair_value": "4.11 HKD", "market_dynamics": "-1.03", "relative_strength": "2.16", "volume": "9.9M", "trend_signal": "Off"}, {"week": "2026-06-05", "close": "4.75 HKD", "weekly_return": -1.656314699792962, "weekly_return_label": "-1.7%", "weekly_return_tone": "negative", "trend_line": "4.87 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