China recently issued two policies for creating infrastructure-focused real estate investment trusts (REITs)

Real estate agents began getting calls from buyers wanting to buy homes as soon as the new 'deed tax' on house sales, which will take affect in Sept 2021, was announced

Investors in the Trust are angry that it was operating as a kind of pyramid-style 'Ponzi scheme'; sources have claimed 10 to 20 billion yuan of investments may be at risk