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As China Reits Gain Traction, Regulators Mull Expansion – Caixin

Beijing’s bid to hasten economic growth and raise funds to finance infrastructure may provide a boost to the emerging market for Reits


Reit
Chinese regulators allowed 12 Reits to sell their shares on the Shanghai and Shenzhen bourses in the past year. Photo: Reuters

 

Real estate investment trusts (Reits) are gaining traction among investors in China, with nine of the 20 infrastructure-specific Reits in the country seeing unit prices rise as much as 20% since listing, as of Thursday, Caixin Global reported.

Beijing’s bid to hasten economic growth and raise funds to finance infrastructure may provide a boost to the emerging market for Reits, the report added.

Read the full report: Caixin Global

 

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Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.