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China Regulator to Further Improve REIT Mechanism – Xinhua

The China Securities Regulatory Commission said the scope of the REIT pilot program should be expanded


China real estate market
While some cities and provinces are easing restrictions for homebuyers, analysts say buyers are exercising caution because of uncertainty on whether prices may continue to fall (AFP file image).

 

China’s securities regulator said it will work with other government departments to further improve the mechanism on infrastructure real-estate investment trusts (REITs), as part of efforts to better support the real economy, Xinhua reported.

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.

 

Read the full report: Xinhua

 

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

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