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Develop Mainland-HK REIT Interconnection - CSRC

CHINA PRESS

Regulators will promote the interconnection of the Mainland and Hong Kong REIT markets, according to Zhou Xiaozhou, director at China Securities Regulatory Commission. Speaking at a recent summit, Zhou said the CSRC plans to increase foreign investor participation in the REITs market and develop long-term sectors like social security and pension funds. China’s REIT market suffered recently from poor quality and efficiency of asset operations due to changes in the macroeconomic environment, however, in future authorities will enforce market mechanisms, risk monitoring and ensure the smooth operation of the secondary market, Zhou said. (Source: Securities Daily)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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