China regulator approves first batch of consumption-related REITs

China regulator approves first batch of consumption-related REITs

FILE PHOTO: A Chinese national flag flutters outside the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China July 9, 2021. REUTERS/Tingshu Wang/File Photo

China’s securities regulator had approved on Sunday three applications to launch the country’s first publicly traded commercial REITs products, backed by consumption-related infrastructure projects.

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