{"ticker": {"uuid": "8b0f48b7-6769-42fe-887c-18a1b4d1e31c", "symbol": "BMGU", "name": "BHG Retail REIT", "exchange": "SES", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "BMGU closed the latest completed week at 0.45 SGD. The 4-week return is 0.0% and the 12-week return is -2.2%. Trend Signal is active, Market Dynamics is 0.05.", "description": "BHG Retail REIT is the first pure-play China Retail REIT sponsored by a leading China integrated retail group. The REIT was listed on the Main Board of the Singapore Exchange Securities Trading Limited on 11 December 2015. The principal investment strategy of BHG Retail REIT is to invest, directly or indirectly, in a diversified portfolio of income-producing real estate which is used primarily for retail purposes (whether either wholly or partially), as well as real estate-related assets in relation to the foregoing, with an initial focus on China. As at 31 December 2025, the REIT's portfolio comprises six retail properties, Beijing Wanliu (60%), Chengdu Konggang, Hefei Mengchenglu, Hefei Changjiangxilu, Xining Huayuan, Dalian Jinsanjiao located in Tier 1, Tier 2 and other cities of significant economic potential in China. The portfolio gross floor area of about 311,691 sqm, has a committed occupancy of 93.4% as at 31 December 2025. As at the latest date of valuation, total appraised value was approximately RMB 4,694 million. Under voluntary right of first refusal agreements, properties may potentially be offered to BHG Retail REIT as future pipeline assets. BHG Retail REIT was established on November 18, 2015 and incorporated in Singapore.", "setup_signature": "Balanced read", "composite_score": "52", "kpis": [{"label": "Latest Close", "value": "0.45 SGD", "hint": "2026-06-12"}, {"label": "1W Return", "value": "-1.1%", "tone": "negative", "hint": "latest completed week"}, {"label": "4W Return", "value": "0.0%", "tone": "neutral", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-2.2%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "63.5%", "hint": "33 of 52 weeks active"}, {"label": "Volume Ratio", "value": "0.4x", "hint": "vs 13-week average"}], "classification": {"exchange": "SES", "country": "SG", "sector": "Real Estate", "industry": "Reit - Retail", "currency": "SGD", "market_cap": "233.8M"}, "price": {"trend_line": "0.45 SGD", "fair_value": "0.45 SGD", "vs_trend": "0.4%", "vs_fair_value": "-0.7%", "high_52": "0.49 SGD", "low_52": "0.26 SGD", "drawdown": "-8.0%", "range_position": "83.0%"}, "momentum": {"returns": [{"label": "1W", "value": -1.0989010989010999, "value_label": "-1.1%", "tone": "negative", "width": 4}, {"label": "4W", "value": 0.0, "value_label": "0.0%", "tone": "neutral", "width": 4}, {"label": "12W", "value": -2.1739130434782625, "value_label": "-2.2%", "tone": "negative", "width": 6.211180124223607}, {"label": "26W", "value": 2.4338277472752683, "value_label": "2.4%", "tone": "positive", "width": 6.953793563643623}, {"label": "52W", "value": -1.5330214482960862, "value_label": "-1.5%", "tone": "negative", "width": 4.380061280845961}], "trend_streak": 32, "active_weeks": 33, "active_breadth": "63.5%", "peer": {"scope": "SG Real Estate", "count": 84, "rank": 61, "percentile": 27.710843373493976, "avg_weekly_return": -0.7758091794996552}}, "setup": {"scores": [{"label": "Trend", "value": 79.90384615384616, "value_label": "80", "width": 79.90384615384616, "tone": "positive", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 48.04347826086956, "value_label": "48", "width": 48.04347826086956, "tone": "neutral", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 59.957876874387324, "value_label": "60", "width": 59.957876874387324, "tone": "neutral", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 29.850742872599813, "value_label": "30", "width": 29.850742872599813, "tone": "negative", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 18.445945945945947, "value_label": "18", "width": 18.445945945945947, "tone": "negative", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 76.7481652253471, "value_label": "77", "width": 76.7481652253471, "tone": "positive", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": 1.1363325958097727, "return_label": "1.1%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 9.469438298414772}, {"week": "6 Mar", "return": 0.0, "return_label": "0.0%", "tone": "neutral", "trend": true, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "13 Mar", "return": 0.1575512041413536, "return_label": "0.2%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "20 Mar", "return": 3.3707865168539355, "return_label": "3.4%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 28.08988764044946}, {"week": "27 Mar", "return": 0.0, "return_label": "0.0%", "tone": "neutral", "trend": true, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "3 Apr", "return": -3.260869565217394, "return_label": "-3.3%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": 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"rs_4_change": "10.6%", "expectation": "Negative", "expectation_probability": "33.07%"}, "volume": {"latest": "6.5K", "average_13": "14.8K", "average_52": "31.9K", "ratio_13": "0.4x", "ratio_52": "0.2x"}, "risk": {"volatility_13": "1.4%", "volatility_52": "3.4%", "downside_weeks": 13, "upside_weeks": 15, "downside_breadth": "25.0%", "average_gain": "3.5%", "average_loss": "-3.9%"}, "signals": [{"label": "Trend Signal", "value": "Active", "tone": "positive"}, {"label": "Market Dynamics", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "0.4%", "tone": "positive"}, {"label": "Volume", "value": "0.4x", "tone": "neutral"}], "opportunities": ["Trend Signal is active with a 32-week active streak.", "Price is above the Trend Line, keeping the weekly tape constructive.", "Market Dynamics is positive on the latest completed week."], "risks": ["Price is below Fair Value, so the market is still discounting the latest tape."], "watch_points": ["Trend Line remains 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