Refine Stock Forecast: Analyzing Must Asset Management’s Potential Management Participation (July 2025)

1. What Happened?

Must Asset Management acquired 7.61% of Refine’s shares and changed its holding purpose to ‘general investment,’ suggesting potential management participation and attracting investor attention.

2. Why Does It Matter?

Must Asset Management’s participation could significantly impact Refine’s growth strategy, potentially leading to business expansion, new ventures, and ultimately influencing stock price. The current boom in the rental market and favorable government policies are positive factors for Refine’s business. However, uncertainties remain, including the change in majority shareholder and the issuance of convertible bonds.

3. So, What About the Stock Price?

In the short term, Must Asset Management’s investment is likely to create upward momentum. However, a long-term perspective requires consideration of factors such as the change in majority shareholder, convertible bond issuance, and increasing competition.

4. What Should Investors Do?

• Short-term investors: Consider leveraging the upward momentum for short-term gains.
• Long-term investors: Carefully monitor RealtyFine’s management strategy, Must Asset Management’s future actions, and market competition to make informed long-term investment decisions.