Better Buy: Keppel DC REIT Vs Mapletree Industrial Trust

The Smart Investor06-12

After comparing two healthcare REITs last week, we now move back to looking at the industrial REIT space.This round, we look at two popular industrial REITs – Keppel DC REIT and Mapletree Industrial ...

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StockMaskter
06-12
StockMaskter
Regardless of how much dividend payout each promise, your capital depreciates in the long run. I rather put my $ into government securities where SG market is concerned.

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href=https://thesmartinvestor.com.sg/better-buy-keppel-dc-reit-vs-mapletree-industrial-trust-3/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After comparing two healthcare REITs last week, we now move back to looking at the industrial REIT space.This round, we look at two popular industrial REITs – Keppel DC REIT and Mapletree Industrial ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/better-buy-keppel-dc-reit-vs-mapletree-industrial-trust-3/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999013486.USD","symbol_name":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC 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properties across three countries as of 31 March 2024.MINT also has a reputable sponsor in the form of real estate giant Mapletree Investments Pte Ltd.We decided to compare these two REITs to determine which is the most attractive one.Portfolio compositionLooking at both REITs’ portfolio composition, MINT has significantly more properties compared with Keppel DC REIT, at 140 versus 23.MINT’s properties are varied and comprise data centres (nearly 55% of its assets under management or AUM), Hi-Tech Buildings (17%), and Flatted Factories (15.6%), among others.Keppel DC REIT is a pure-play data centre REIT with 100% of its portfolio invested in data centres.In terms of country diversification, Keppel DC REIT is one up over MINT as the data centre REIT’s properties are spread out across nine countries.MINT, however, has a larger AUM compared with Keppel DC REIT.We like the property diversification for MINT and feel that it helps to buffer against a downturn in the data centre industry.The rental income is also spread out across more properties for MINT with the largest tenant taking up just 6% of gross rental income (GRI).Keppel DC REIT’s largest tenant took up 34.7% of the REIT’s GRI.Winner: MINTFinancials and DPUFinancials-wise, both REITs saw their gross revenue enjoy a year-on-year increase.Investors should note that Keppel DC REIT saw a jump in gross revenue because of a settlement sum received concerning a tenant dispute.MINT managed to grow its distribution per unit (DPU) by a minor 0.9% year on year to S$0.0336, contributed by higher rental income from its redevelopment project, Mapletree Hi-Tech Park @ Kallang Way, and a new data centre acquisition in Osaka, Japan.Keppel DC REIT saw its DPU tumble by 13.7% year on year to S$0.02192 because of a loss allowance made for rental arrears from its Guangdong data centres.Winner: MINTDebt metricsMoving on to each REIT’s debt metrics, both MINT and Keppel DC REIT share nearly the same level of aggregate leverage.MINT, however, has a lower overall cost of debt at 3.1% versus 3.5%. Its fixed-rate debt percentage was also higher than Keppel DC REIT’s at 84.6% versus 73%.Winner: MINTOperating metricsWhen it comes to operating metrics, both REITs score high in the occupancy department with portfolio occupancy levels above 90%.However, Keppel DC REIT’s occupancy rate is much higher than MINT at 98.3% versus 91.4%.Data centre leases are also longer, enabling Keppel DC REIT to sport a much longer weighted average lease expiry (WALE) than MINT.Winner: Keppel DC REITDistribution yieldFinally, we come to the crux of the matter – each REIT’s distribution yield.The key reason why income investors purchase REITs is because of their steady and dependable dividends.In this department, MINT offers a better distribution yield with an annualised yield of 6.2% versus Keppel DC REIT’s 4.9%.One reason for the lower yield at the pure-play data centre REIT could be because of the sturdy fundamentals for the data centre industry spurred by generative artificial intelligence and increasing digitalisation.Winner: MINTGet Smart: Acquisitions and rental escalationsTallying up the score, it’s clear that MINT comes out ahead, being the winner of four of the five aspects that we compared.Investors, however, should also consider other factors aside from the ones discussed above.For investors who wish to have a more concentrated exposure to data centres, Keppel DC REIT will provide them with that.Another factor to consider is acquisitions and rental escalations to help grow the rental income for the portfolio.MINT reported a positive rental reversion of 6.6% for renewal leases and recently purchased a data centre in Osaka to add to its portfolio.Keppel DC REIT boasts a strong pipeline of more than S$2 billion of data centre assets from its sponsor that can be injected into the REIT in due course.Want more dividends in 2024? Our latest FREE report spotlights five Singapore REITs with distribution yields of 5.5% or more, a rare find in today’s market. These are reliable, proven performers. Just one stock inside could boost your portfolio’s returns in the next few months. Download your report today and start reaping the benefits.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":315919807655976,"gmtCreate":1718160285859,"gmtModify":1718160289634,"author":{"id":"3571912128804490","authorId":"3571912128804490","name":"StockMaskter","avatar":"https://static.tigerbbs.com/54423ee24d3d1b6ee5a616d52dcb245a","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":5,"crmLevelSwitch":1,"idStr":"3571912128804490","authorIdStr":"3571912128804490"},"htmlText":"Regardless of how much dividend payout each promise, your capital depreciates in&nbsp; the long run. I rather put my $ into government securities where SG market is concerned.","listText":"Regardless of how much dividend payout each promise, your capital depreciates in&nbsp; the long run. I rather put my $ into government securities where SG market is concerned.","text":"Regardless of how much dividend payout each promise, your capital depreciates in the long run. I rather put my $ into government securities where SG market is concerned.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/315919807655976","repostId":2442329688,"repostType":2,"repost":{"id":"2442329688","pubTimestamp":1718156651,"share":"https://ttm.financial/m/news/2442329688?lang=&edition=fundamental","pubTime":"2024-06-12 09:44","market":"sg","language":"en","title":"Better Buy: Keppel DC REIT Vs Mapletree Industrial Trust","url":"https://stock-news.laohu8.com/highlight/detail?id=2442329688","media":"The Smart Investor","summary":"We compare two popular industrial REITs to determine which makes the better investment choice.","content":"<html><head></head><body><p>After comparing two healthcare REITs last week, we now move back to looking at the industrial REIT space.</p><p>This round, we look at two popular industrial REITs – <a href=\"https://laohu8.com/S/AJBU.SI\">Keppel DC REIT</a> and <a href=\"https://laohu8.com/S/ME8U.SI\">Mapletree Industrial Trust</a>, or MINT.</p><p>Keppel DC REIT is a pure data centre REIT with a portfolio of 23 data centres located across nine countries as of the first quarter of 2024 (1Q 2024).</p><p>The REIT has a strong sponsor in blue-chip asset manager <a href=\"https://laohu8.com/S/BN4.SI\">Keppel Ltd</a>.</p><p>MINT, on the other hand, is a diversified industrial REIT with 140 properties across three countries as of 31 March 2024.</p><p>MINT also has a reputable sponsor in the form of real estate giant Mapletree Investments Pte Ltd.</p><p>We decided to compare these two REITs to determine which is the most attractive one.</p><h2 id=\"id_3788050034\">Portfolio composition</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6dc7aa7a84ce1819b94398e88a483ae3\" tg-width=\"687\" tg-height=\"272\"/></p><p>Looking at both REITs’ portfolio composition, MINT has significantly more properties compared with Keppel DC REIT, at 140 versus 23.</p><p>MINT’s properties are varied and comprise data centres (nearly 55% of its assets under management or AUM), Hi-Tech Buildings (17%), and Flatted Factories (15.6%), among others.</p><p>Keppel DC REIT is a pure-play data centre REIT with 100% of its portfolio invested in data centres.</p><p>In terms of country diversification, Keppel DC REIT is one up over MINT as the data centre REIT’s properties are spread out across nine countries.</p><p>MINT, however, has a larger AUM compared with Keppel DC REIT.</p><p>We like the property diversification for MINT and feel that it helps to buffer against a downturn in the data centre industry.</p><p>The rental income is also spread out across more properties for MINT with the largest tenant taking up just 6% of gross rental income (GRI).</p><p>Keppel DC REIT’s largest tenant took up 34.7% of the REIT’s GRI.</p><p><strong>Winner: MINT</strong></p><h2 id=\"id_3475996556\">Financials and DPU</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0b71a831cd8494dd1677cf1cec702b79\" tg-width=\"687\" tg-height=\"302\"/></p><p>Financials-wise, both REITs saw their gross revenue enjoy a year-on-year increase.</p><p>Investors should note that Keppel DC REIT saw a jump in gross revenue because of a settlement sum received concerning a tenant dispute.</p><p>MINT managed to grow its distribution per unit (DPU) by a minor 0.9% year on year to S$0.0336, contributed by higher rental income from its redevelopment project, Mapletree Hi-Tech Park @ Kallang Way, and a new data centre acquisition in Osaka, Japan.</p><p>Keppel DC REIT saw its DPU tumble by 13.7% year on year to S$0.02192 because of a loss allowance made for rental arrears from its Guangdong data centres.</p><p><strong>Winner: MINT</strong></p><h2 id=\"id_2828288780\">Debt metrics</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3ffd07d0803df326cd5d945eabb6e8d5\" tg-width=\"688\" tg-height=\"302\"/></p><p>Moving on to each REIT’s debt metrics, both MINT and Keppel DC REIT share nearly the same level of aggregate leverage.</p><p>MINT, however, has a lower overall cost of debt at 3.1% versus 3.5%. Its fixed-rate debt percentage was also higher than Keppel DC REIT’s at 84.6% versus 73%.</p><p><strong>Winner: MINT</strong></p><h2 id=\"id_2791878531\">Operating metrics</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c19b4ee7a65ecafde8a040dda12e9202\" tg-width=\"687\" tg-height=\"213\"/></p><p>When it comes to operating metrics, both REITs score high in the occupancy department with portfolio occupancy levels above 90%.</p><p>However, Keppel DC REIT’s occupancy rate is much higher than MINT at 98.3% versus 91.4%.</p><p>Data centre leases are also longer, enabling Keppel DC REIT to sport a much longer weighted average lease expiry (WALE) than MINT.</p><p><strong>Winner: Keppel DC REIT</strong></p><h2 id=\"id_2898693443\">Distribution yield</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/53b640c49c6502992a6246a091855561\" tg-width=\"690\" tg-height=\"300\"/></p><p>Finally, we come to the crux of the matter – each REIT’s distribution yield.</p><p>The key reason why income investors purchase REITs is because of their steady and dependable dividends.</p><p>In this department, MINT offers a better distribution yield with an annualised yield of 6.2% versus Keppel DC REIT’s 4.9%.</p><p>One reason for the lower yield at the pure-play data centre REIT could be because of the sturdy fundamentals for the data centre industry spurred by generative artificial intelligence and increasing digitalisation.</p><p><strong>Winner: MINT</strong></p><h2 id=\"id_1240768134\">Get Smart: Acquisitions and rental escalations</h2><p>Tallying up the score, it’s clear that MINT comes out ahead, being the winner of four of the five aspects that we compared.</p><p>Investors, however, should also consider other factors aside from the ones discussed above.</p><p>For investors who wish to have a more concentrated exposure to data centres, Keppel DC REIT will provide them with that.</p><p>Another factor to consider is acquisitions and rental escalations to help grow the rental income for the portfolio.</p><p>MINT reported a positive rental reversion of 6.6% for renewal leases and recently purchased a data centre in Osaka to add to its portfolio.</p><p>Keppel DC REIT boasts a strong pipeline of more than S$2 billion of data centre assets from its sponsor that can be injected into the REIT in due course.</p><p>Want more dividends in 2024? Our latest FREE report spotlights five Singapore REITs with distribution yields of 5.5% or more, a rare find in today’s market. These are reliable, proven performers. Just one stock inside could boost your portfolio’s returns in the next few months. Download your report today and start reaping the benefits.</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Better Buy: Keppel DC REIT Vs Mapletree Industrial Trust</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBetter Buy: Keppel DC REIT Vs Mapletree Industrial Trust\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-12 09:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/better-buy-keppel-dc-reit-vs-mapletree-industrial-trust-3/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After comparing two healthcare REITs last week, we now move back to looking at the industrial REIT space.This round, we look at two popular industrial REITs – Keppel DC REIT and Mapletree Industrial ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/better-buy-keppel-dc-reit-vs-mapletree-industrial-trust-3/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","BK6523":"ESG概念","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","ME8U.SI":"丰树工业信托","BK6505":"周期性消费品与消费者服务","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","BK6082":"工业房地产投资信托","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","BK4139":"生物科技","CFA.SI":"NikkoAM-STC Asia REIT","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","BK4007":"制药","SG9999014302.SGD":"RHB Singapore Income Fund SGD","MAPIF":"Mapletree Industrial Trust","GRI":"GRI BIO INC","BK6131":"数据中心房地产信托","BN4.SI":"吉宝有限公司","BK4224":"工业房地产信托","AJBU.SI":"吉宝数据中心房地产信托","CFA":"VictoryShares US 500 Volatility Wtd ETF","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","SG9999001127.SGD":"United Singapore Growth Fund SGD","BK6111":"工业集团企业","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","BK6512":"房地产股","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SG9999013478.USD":"利安新加坡股息基金","BK6133":"工业房地产信托","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","DC":"Dakota Gold Corp","BK6014":"特种房地产投资信托","SG9999001135.SGD":"United ASEAN Fund SGD","BK4171":"工业房地产投资信托","REIT":"ALPS Active REIT ETF","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","BK4017":"黄金","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD"},"source_url":"https://thesmartinvestor.com.sg/better-buy-keppel-dc-reit-vs-mapletree-industrial-trust-3/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2442329688","content_text":"After comparing two healthcare REITs last week, we now move back to looking at the industrial REIT space.This round, we look at two popular industrial REITs – Keppel DC REIT and Mapletree Industrial Trust, or MINT.Keppel DC REIT is a pure data centre REIT with a portfolio of 23 data centres located across nine countries as of the first quarter of 2024 (1Q 2024).The REIT has a strong sponsor in blue-chip asset manager Keppel Ltd.MINT, on the other hand, is a diversified industrial REIT with 140 properties across three countries as of 31 March 2024.MINT also has a reputable sponsor in the form of real estate giant Mapletree Investments Pte Ltd.We decided to compare these two REITs to determine which is the most attractive one.Portfolio compositionLooking at both REITs’ portfolio composition, MINT has significantly more properties compared with Keppel DC REIT, at 140 versus 23.MINT’s properties are varied and comprise data centres (nearly 55% of its assets under management or AUM), Hi-Tech Buildings (17%), and Flatted Factories (15.6%), among others.Keppel DC REIT is a pure-play data centre REIT with 100% of its portfolio invested in data centres.In terms of country diversification, Keppel DC REIT is one up over MINT as the data centre REIT’s properties are spread out across nine countries.MINT, however, has a larger AUM compared with Keppel DC REIT.We like the property diversification for MINT and feel that it helps to buffer against a downturn in the data centre industry.The rental income is also spread out across more properties for MINT with the largest tenant taking up just 6% of gross rental income (GRI).Keppel DC REIT’s largest tenant took up 34.7% of the REIT’s GRI.Winner: MINTFinancials and DPUFinancials-wise, both REITs saw their gross revenue enjoy a year-on-year increase.Investors should note that Keppel DC REIT saw a jump in gross revenue because of a settlement sum received concerning a tenant dispute.MINT managed to grow its distribution per unit (DPU) by a minor 0.9% year on year to S$0.0336, contributed by higher rental income from its redevelopment project, Mapletree Hi-Tech Park @ Kallang Way, and a new data centre acquisition in Osaka, Japan.Keppel DC REIT saw its DPU tumble by 13.7% year on year to S$0.02192 because of a loss allowance made for rental arrears from its Guangdong data centres.Winner: MINTDebt metricsMoving on to each REIT’s debt metrics, both MINT and Keppel DC REIT share nearly the same level of aggregate leverage.MINT, however, has a lower overall cost of debt at 3.1% versus 3.5%. Its fixed-rate debt percentage was also higher than Keppel DC REIT’s at 84.6% versus 73%.Winner: MINTOperating metricsWhen it comes to operating metrics, both REITs score high in the occupancy department with portfolio occupancy levels above 90%.However, Keppel DC REIT’s occupancy rate is much higher than MINT at 98.3% versus 91.4%.Data centre leases are also longer, enabling Keppel DC REIT to sport a much longer weighted average lease expiry (WALE) than MINT.Winner: Keppel DC REITDistribution yieldFinally, we come to the crux of the matter – each REIT’s distribution yield.The key reason why income investors purchase REITs is because of their steady and dependable dividends.In this department, MINT offers a better distribution yield with an annualised yield of 6.2% versus Keppel DC REIT’s 4.9%.One reason for the lower yield at the pure-play data centre REIT could be because of the sturdy fundamentals for the data centre industry spurred by generative artificial intelligence and increasing digitalisation.Winner: MINTGet Smart: Acquisitions and rental escalationsTallying up the score, it’s clear that MINT comes out ahead, being the winner of four of the five aspects that we compared.Investors, however, should also consider other factors aside from the ones discussed above.For investors who wish to have a more concentrated exposure to data centres, Keppel DC REIT will provide them with that.Another factor to consider is acquisitions and rental escalations to help grow the rental income for the portfolio.MINT reported a positive rental reversion of 6.6% for renewal leases and recently purchased a data centre in Osaka to add to its portfolio.Keppel DC REIT boasts a strong pipeline of more than S$2 billion of data centre assets from its sponsor that can be injected into the REIT in due course.Want more dividends in 2024? Our latest FREE report spotlights five Singapore REITs with distribution yields of 5.5% or more, a rare find in today’s market. These are reliable, proven performers. Just one stock inside could boost your portfolio’s returns in the next few months. Download your report today and start reaping the benefits.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":5,"commentSize":1,"repostSize":1,"favoriteSize":3,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2442329688"}