Breakthrough for China’s listed REITs has been saved
Breakthrough for China’s listed REITs
Realities and directions
On 30 April 2020, the China Securities Regulatory Commission (CSRC) and the National Development and Reform Commission (NDRC) jointly issued a circular to promote the pilot program of infrastructure real estate investment trusts (REITs). The soliciting process for public opinions by the CSRC officially marks a breakthrough for listed REITs in China.
With the opening up of China’s financial market accelerating, foreign investors now have their pick of convenient and diversified channels to invest in the domestic market like Shanghai-Hong Kong Stock Connect, Shenzhen-Hong Kong Stock Connect, Bond Connect, QFII and RQFII. On 5 May 2020, the People’s Bank of China and the State Administration of Foreign Exchange issued the Administrative Provisions on Funds Used by Foreign Institutional Investors for Domestic Securities and Futures Investment.
Performance magazine issue 33, September 2020
Performance is a triannual digest, dedicated to investment management professionals, which brings you the latest articles, news and market developments from Deloitte’s professionals and clients.