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Recent Gains Considered Corrective


Trend Needle Points North Despite Recent Pullback


Trend Needle Points North Despite Recent Pullback


Late SOFR/Treasury Option Roundup

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China's first quasi-real estate investment....>

CHINA: China's first quasi-real estate investment trust in the long-term rental
housing sector was approved Wednesday, with an issuance scale of CNY270 million,
China Securities Journal reported on Friday. The REIT represents an innovative
trial by China amid the government's plan to develop its housing rental market,
the report said. A manager of a Chinese long-term rental housing provider based
in Shanghai told MNI that the REIT "opened a new door" for companies' financing
and development plans.

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