Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's first batch of REITs to start trading on June 21

June 16, 2021


Abstract : BEIJING, June 15 (Xinhua) -- China's first batch of nine public infrastructure real estate investment trusts (REITs) will start trading on June 21, according to announcements posted on the websites of the country's two exchanges Tuesday.

BEIJING, June 15 (Xinhua) -- China's first batch of nine public infrastructure real estate investment trusts (REITs) will start trading on June 21, according to announcements posted on the websites of the country's two exchanges Tuesday.

Five REITs will be traded on the Shanghai Stock Exchange, while four others on the Shenzhen Stock Exchange.

The nine REITs have raised over 30 billion yuan (about 4.68 billion U.S. dollars) in total, the data showed. They are expected to channel investment into infrastructure projects such as highways, industrial parks, storage and logistics, and sewage treatment, among others.

Earlier in April 2020, China initiated a pilot scheme on infrastructure REITs to deepen supply-side structural reform in the financial sector and enhance the capital market's capabilities in supporting the real economy.

In mid-May this year, the China Securities Regulatory Commission approved the registration of the country's first batch of nine REITs, and on May 31, China kicked off the sales of the REITs.

As an important approach to realizing real estate securitization, REITs collect investors' funds and hand them over to professional investment institutions for real estate investment management. Enditem

Scan the QR code and push it to your mobile phone

Keyword: REITs

Reading:

【Financial Str. Release】Economic Watch: China kicks off REIT market with 9 infrastructure products

【Financial Str. Release】Public offering of 1st batch of 9 infrastructure REITs around the corner

【Financial Str. Release】CSRC nods registration of 1st batch of 9 publicly-offered infrastructure REITs Mon.

【Financial Str. Release】SSE, SZSE accept 1st batch of publicly-offered infrastructure REITs applications on April 23

N. China's Tianjin Binhai New Area to team up with Shenzhen Stock Exchange on multiple fields

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial