Media OutReach
Gold’s road to $3,000: expert analysis by global broker Octa
Inflation, interest rates, and geopolitics
Inflation and interest rates influence gold prices. When inflation soars, investors tend to buy gold to protect their purchasing power. They view it as a much safer investment than stocks or bonds because stocks are prone to sudden price drops, and bonds can lose value when interest rates rise due to high inflation. Historically, though, when real interest rates (which are inflation-adjusted) have declined, gold has just soared. As some would say, ‘There is no better buy’.
By 2024, the percentage of overall reserves held in gold by central banks had reached 10%, a significant climb from the 3% level recorded just 10 years earlier. Although we are still in an era where most reserve currencies are fiat (for example, paper with little intrinsic value), an increasing number of central banks seem to believe that holding gold adds an element of prudence to their reserve diversification strategy. Emerging economies, especially in Asia, are seeing their central banks take on an increasingly important role in the gold market. China (which now holds 5% of its reserves in gold), along with India, has emerged as one of the preeminent buyers of gold.
Moreover, the central banks of the emerging economies have, since 2022, stepped up their pace of gold buying. The catalyst for this last development was the unprecedented freezing of Russian assets, which prompted multiple nations to reconsider the makeup of their reserves.
Furthermore, the global shift towards a more sustainable economy, including investment in renewable energy and green technologies, is driving limited demand for certain commodities, such as precious metals that include gold. Gold plays an important role in clean energy technologies, including solar panels and electronics for energy-efficient systems. This increased demand for technological gold is exacerbated by growing concerns about the lack of resources necessary for the green transition.
Moreover, geopolitical tensions and economic uncertainty further underscore the attractiveness of gold as a safe asset, attracting investors seeking relief amid rapid changes in global markets. The Ukraine conflict, strained US-China relations, and unrest in the Middle East have sent investors scurrying to safe-haven assets. And when it comes to safe havens, gold is a time-tested destination. Its record of price stability in an unstable world at present stands in stark contrast to the behaviour of the stock market and other assets. An instance of this is China’s recent accumulation of gold, which now makes up 5% of its foreign exchange reserves. This is yet another sign of a shift towards resilience in a global economy fraught with uncertainty.
Technical analysis: key levels to watch
According to the technical analysis, the asset’s price is still in the uptrend, even on a high timeframe. The long-term bullish trend also hasn’t changed for a bearish one. The $3,000 target, which aligns with the 4.236 Fibonacci extension level, is pretty real. However, this level may be too ambitious for the moment of publication.
Prospects for 2025 – factors shaping gold’s future
According to the Chief Economists’ Survey from the World Economic Forum, economists are uncertain about global economic stability. 54% of respondents forecast a steady outlook and 37% project further deterioration. Future fiscal policies targeting climate adaptation, a shifting demographic landscape, and ramped-up defence spending are set to push inflation upwards. All these look to gold as an inflation hedge; however, it’s not just private investors: central banks are in on the gold thing, too. They are expected to keep topping up their gold reserves and, in the face of all these other demands, are likely to maintain long-term demand.
So will gold hit the $3,000-per-ounce price in 2025? The scenario seems very possible. However, for the asset’s price to reach a rather ambitious target, favourable market conditions are required. They include both macroeconomic and geopolitical factors. For example, the re-election of Donald Trump introduces additional variables into the equation. Trump’s geopolitical stance, particularly regarding global trade and conflict resolution, could influence investor sentiment and safe-haven demand. If his promises regarding the resolution of numerous conflicts are fulfilled, investors may partially abandon safe-haven assets for the riskier ones.
Hashtag: #Octa
The issuer is solely responsible for the content of this announcement.
Octa
Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.
Media OutReach
Sunlight Real Estate Investment Trust (“Sunlight REIT”) Interim Results for the Six Months Ended 30 June 2026
Financial Highlights of 2026 Interim Results
(in HK$’ million, unless otherwise specified)
| Six months ended
30 June 2026 |
Six months ended
30 June 2025 |
Change
(%) |
|
| Revenue | 382.4 | 391.2 | (2.2) |
| Net property income | 299.7 | 307.4 | (2.5) |
| Cost-to-income ratio (%) | 21.6 | 21.4 | N/A |
| Loss after taxation | (124.1) | (172.2) | N/A |
| Distributable income | 164.0 | 168.6 | (2.7) |
| Distribution per unit (HK cents) | 8.8 | 9.1 | (3.3) |
| Payout ratio (%) | 94.3 | 93.8 | N/A |
| At 30 June
2026 |
At 31 December
2025 |
Change
(%) |
|
| Portfolio valuation | 17,118.1 | 17,403.0 | (1.6) |
| Net asset value | 12,168.2 | 12,402.6 | (1.9) |
| Net asset value per unit (HK$) | 6.92 | 7.09 | (2.4) |
| Gearing ratio (%) | 28.3 | 27.8 | N/A |
Disclaimer: The information contained in this press release does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for units in Sunlight REIT in Hong Kong or any other jurisdiction.
Hashtag: #SunlightREIT #REIT
The issuer is solely responsible for the content of this announcement.
About Sunlight REIT
Listed on The Stock Exchange of Hong Kong Limited since 21 December 2006, Sunlight REIT (stock code: 435) is a real estate investment trust authorized by the Securities and Futures Commission, and constituted by the trust deed dated 26 May 2006 (as amended and restated) (the “Trust Deed”). It offers investors the opportunity to invest in a diversified portfolio of 11 office and six retail properties in Hong Kong with a total gross rentable area of approximately 1.3 million sq. ft. The office properties are located in both core and decentralized business areas, while the retail properties are situated in regional transportation hubs, new towns and urban areas with high population density.
About the Manager
The Manager of Sunlight REIT is an indirect wholly-owned subsidiary of Henderson Land Development Company Limited. Its main responsibility is to manage Sunlight REIT and all of its assets in accordance with the Trust Deed in the sole interest of its unitholders.
Media OutReach
Create Meaningful Family Moments This Mother’s Day Holiday with ONYX Hospitality Group
Believing that the best journeys are those shared with the people who matter most, ONYX Hospitality Group, a leading hospitality management company in the Asia-Pacific region specialising in hotels, resorts, serviced apartments, luxury residences, restaurants and spas, encourages families to reconnect and create meaningful moments together this holiday. Through thoughtfully curated experiences designed to bring generations together, each property offers a wide range of on-site activities alongside the unique attractions of its surrounding destination, creating opportunities for families to make every moment together even more meaningful.
Guided by its More of What You Love philosophy, ONYX Hospitality Group’s portfolio of hotels is committed to creating holiday experiences that extend far beyond the guest room. From memorable dining experiences and rejuvenating spa treatments to quality time spent together in the hotel’s shared spaces and opportunities to discover the charm of local communities and cultural heritage surrounding each destination, every journey is thoughtfully designed to be richer and more rewarding. Complemented by the benefits of ONYX Rewards and exceptional dining experiences through ONYX Dining, every stay is made more seamless, more rewarding and more memorable, from the moment guests arrive until they return home.
For families planning a short getaway within Thailand, with the turquoise sea as the backdrop to their ideal holiday, Amari offers meaningful moments of relaxation, creating opportunities to spend quality time with mothers and loved ones alike, whether on the Gulf of Thailand or along the Andaman coast.
Amari Pattaya offers everything families need for a memorable holiday, with accommodation options ranging from one-bedroom rooms to spacious three-bedroom suites accommodating up to six guests, allowing everyone to spend quality time together throughout their stay. At the same time, every generation can enjoy activities tailored to their own interests, whether relaxing at Club Napa, the exclusive lounge on the 19th floor overlooking panoramic views of Pattaya Bay, or letting younger guests enjoy the water park and Tree House Kids Club before coming together again to share memorable dining experiences. From authentic Thai cuisine and international favourites to homemade pasta and poolside bites, dining experience adds another special moment to the family getaway. The day concludes with a rejuvenating treatment at maai spa, where holistic wellness therapies inspired by the beautiful transformation of the silkworm create a deeply restorative experience for both body and mind.
Meanwhile, Amari Hua Hin offers another ideal destination for families wishing to create meaningful moments with their mothers during the holiday. Set within a relaxed seaside atmosphere, the hotel features comfortable accommodation suitable for guests of all ages, a swimming pool, Breeze Spa, and dedicated children’s facilities. Beyond the hotel, families can stroll along the beach, discover local cafés and restaurants, or explore the unique charm of Hua Hin together.
For families seeking a relaxing escape amid the beauty of the Andaman Sea, Amari Phuket is set on a secluded private headland, offering panoramic views across Patong Bay from its guestrooms and suites. The resort’s interiors thoughtfully blend contemporary Thai craftsmanship with a distinctive sense of place, creating a warm and inviting atmosphere throughout the stay. Families can enjoy memorable moments together over authentic Italian cuisine at La Gritta, the resort’s renowned seafront Italian restaurant, or unwind while taking in spectacular ocean views from La Gritta Bar, The Jetty, The TreePod, and Samutr Bar, each offering its own unique ambience. The resort also features two swimming pools, Breeze Spa, and a Kids Club, allowing guests of all ages to enjoy their preferred way of spending time before heading out to experience the vibrant atmosphere of Patong Beach, along with its restaurants and shopping destinations, all just minutes away.
Another excellent choice for a seaside family holiday is Amari Koh Samui, located on Chaweng Beach. Surrounded by natural beauty, the resort offers a range of accommodation options, including spacious two-bedroom suites, along with three swimming pools, Breeze Spa, and activities for children. Families can also enjoy exploring Bophut Fisherman’s Village or discovering the unique charm of Koh Samui together. The resort’s diverse collection of restaurants and bars further enhances every family dining experience, including Amaya Food Gallery, serving Thai and international cuisine through interactive live cooking stations; Amaya Café for coffee, tea and light refreshments; Amaya Bar by the beach; Prego Koh Samui, offering authentic Italian cuisine and pizzas; and Aqua Eatery & Bar, serving beverages and light meals in a relaxed poolside setting.
For families seeking greater tranquillity and a closer connection with nature, Amari Vogue Krabi is located on Tubkaek Beach, one of Krabi’s most peaceful stretches of coastline. Nestled amidst nature at the foot of Dragon’s Crest (Khao Ngon Nak), one of the province’s most renowned scenic viewpoints, the resort enjoys a setting that continues to attract travellers from around the world. Surrounded by the breathtaking Andaman Sea, picturesque offshore islands and lush green mountains, the resort provides an idyllic environment for families to spend quality time together, unwind completely and immerse themselves in the beauty of nature. Beyond the resort, guests can discover Krabi’s natural attractions through island-hopping excursions, kayaking adventures, visits to its famous beaches and viewpoints, or explore the local way of life in Krabi Town, with its restaurants, markets and vibrant evening attractions.
Whether it is taking your parents away for a well-deserved change of scenery, spending the holidays with children and grandchildren, gathering with siblings for a special occasion, or reconnecting with friends after a long time apart, ONYX Hospitality Group’s hotels and serviced residences are ready to be part of every meaningful moment. With a diverse portfolio that caters to different destinations, lifestyles and travel preferences, ONYX Hospitality Group believes that the true meaning of travel lies not simply in the places we visit, but in the people we share the journey with and the moments we create together. Bringing More of What You Love to every stay, the Group continues to create memorable travel experiences that matter.
For more information and reservations, please visit www.onyx-hospitality.com
Hashtag: #ONYXHospitalityGroup
https://www.onyx-hospitality.com
https://www.linkedin.com/company/onyx-hospitality-group/
https://www.facebook.com/ONYXHospitalityGroup
https://www.instagram.com/onyxhospitalitygroup/
The issuer is solely responsible for the content of this announcement.
About ONYX Hospitality Group
ONYX Hospitality Group, a reputable force in the Asia-Pacific hospitality industry, operates a collection of comprehensive yet complementary brands – Amari, OZO, Shama and Oriental Residence – catering to the distinctive needs of discerning business and leisure travellers across the region where it has deep expertise. In addition to its brand portfolio, ONYX Hospitality Group also operates additional hospitality services across spa and food & beverage. With six decades of management experience, the company extends its innovative solutions throughout the region, upholding internationally recognised standards and ensuring optimal operational manoeuvrability. By fostering enduring relationships with like-minded business partners, ONYX Hospitality Group delivers unparalleled experiences in a dynamic and competitive market, meeting the ever-evolving demands of travellers.
More information: www.onyx-hospitality.com
Find us on social media:
Follow us on Instagram: https://www.instagram.com/onyxhospitalitygroup/
Follow us on LinkedIn: https://www.linkedin.com/company/onyx-hospitality-group/
Follow us on Facebook: https://www.facebook.com/ONYXHospitalityGroup
Media OutReach
Vinhomes advances urban development platform amid global shift toward nature-positive investment
With a land bank exceeding 295 million square meters, nearly 650,000 residents across its integrated townships, and record equivalent revenue of VND183.1 trillion (US$6.94 billion) in 2025, the company has demonstrated its capacity to plan, finance, deliver and operate large-scale cities with remarkable consistency.
For more than two millennia, humanity has celebrated its greatest achievements through the idea of “wonders,” from the Seven Wonders of the Ancient World to the New7Wonders of Nature, which in 2011 recognized sites such as the Amazon Rainforest and Vietnam’s own Ha Long Bay for their untouched natural beauty.
Today, a fourth wave is emerging: one defined not by human creations set apart from nature, nor by landscapes left untouched, but by developments where urbanization actively enhances natural ecosystems. This philosophy, combined with Vinhomes’ operational scale, has positioned the company at the forefront of that shift, offering global institutional investors a proven model that is gaining recognition across Asia.
Nature-Positive Development Defines Vinhomes’ Urban Philosophy
At the core of Vinhomes’ approach is a fundamental departure from traditional real estate development; the company approaches urban development as an integrated process of environmental enhancement, infrastructure creation and community building.
This philosophy is evident across several landmark projects. At Vinhomes Green Paradise in Can Gio, built on reclaimed coastal land, modern infrastructure coexists with active ecological restoration, creating new living environments while supporting long-term environmental resilience.
At Vinhomes Global Gate Ha Long, the urban masterplan has been designed specifically to complement the UNESCO-recognized Ha Long Bay, one of the world’s most celebrated natural wonders, creating a space where urban life and natural heritage mutually enrich one another.
For institutional investors, this nature-positive orientation reflects a broader strategic shift. Long-term capital is increasingly flowing toward developers capable of creating urban ecosystems that generate value over decades, not merely delivering projects on a transactional basis. Vinhomes’ ability to embed sustainability, ecological regeneration and climate resilience into its masterplans aligns with the evolving expectations of global asset owners seeking both financial returns and environmental impact.
Proven Execution And Operational Scale Build Investor Confidence
In real estate, vision carries little weight without the ability to execute. This is where Vinhomes has established one of its strongest competitive advantages. While many developers concentrate their portfolios within a limited number of cities or regions, Vinhomes has successfully replicated its large-scale urban development model across Vietnam, delivering integrated townships from north to south while maintaining consistent quality, execution speed and operational standards.
The company’s 2025 performance underscores this capability. By year-end, Vinhomes had delivered more than 34,000 apartments, villas and shophouses, achieving record equivalent revenue of VND183.1 trillion (US$6.94 billion), a 29% year-on-year increase that exceeded its annual target. Net profit reached VND43.3 trillion (US$1.6 billion), up 24%, while sales bookings nearly doubled to VND205.3 trillion (US$7.9 billion). Unrecognized contracted sales of VND186.4 trillion (US$7.1 billion) provide exceptional revenue visibility for the years ahead.
Beyond financial metrics, Vinhomes’ operational scale is evidenced by nearly 650,000 residents now living across its developments nationwide, forming one of Southeast Asia’s largest integrated residential communities. This scale demonstrates not only the company’s ability to build projects but also its capacity to create functioning urban ecosystems capable of sustaining long-term economic and social activity.
The company’s land bank, exceeding 295 million square meters as of December 31, 2025, represents Vietnam’s largest and is strategically positioned across major metropolitan areas and regions benefiting from accelerating urbanization, industrial development and tourism growth. This extensive reserve provides a substantial pipeline for future development while supporting sustainable long-term growth.
Vinhomes’ operational excellence is further validated by internationally recognized certifications including ISO 9001, ISO 14001, ISO 45001 and SA8000, reflecting global standards in quality management, environmental performance, occupational health and safety, and social responsibility. The company’s market position, Vietnam’s largest listed real estate company by market capitalization at approximately US$19.4 billion, and the country’s second-largest listed enterprise overall, reinforces its institutional credibility. Its brand, valued at an estimated US$1.6 billion by Brand Finance, ranks among Vietnam’s Top 10 Most Valuable Brands.
For international investors, these indicators point to something larger than financial success alone. They reflect a company that has evolved beyond traditional real estate development into a trusted urban development platform, one capable of planning, financing, delivering and operating large-scale cities with remarkable consistency.
If the first three waves of human wonders celebrated extraordinary achievements of engineering or nature, the emerging fourth wave may well be defined by developments that elevate nature itself, creating places where environmental restoration, economic growth and human prosperity reinforce one another.
That vision demands proven execution, long-term thinking and institutional credibility. These qualities explain why an increasing number of global investors are viewing Vinhomes as one of Asia’s most compelling long-term urban development platforms.
Hashtag: #Vinhomes
The issuer is solely responsible for the content of this announcement.
About Vinhomes
Vinhomes is Vietnam’s largest residential real estate and integrated township developer. The company pioneers the development of synchronized, modern large-scale townships, delivering premium living standards and unlocking sustainable investment opportunities for domestic and international clients.
