FOUNDER SECURITIES Ren Zeping said that the small real estate cycle was over, this round of rising prices is near the end.

方正证券任泽平表示，房地产小周期结束，这轮房价上涨接近尾声。

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FOUNDER SECURITIES Ren Zeping said that the fall of corporate profits in September was mainly due to sales slowing down and the base effect.

方正证券任泽平表示，9月企业利润回落，主要受销售放缓和基数效应影响。

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FOUNDER SECURITIES Ren Zeping believes that the overall inflation will be moderate, commodity prices will continue to rise, PPI will continue to pick up.

方正证券任泽平认为，通胀将整体温和，商品价格会继续上涨，PPI会继续回升。

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