Shanghai: Support eligible asset management institutions to participate in REITs business, creating a preferred location for national REITs product issuance and trading
Shanghai is aiming to become a premier location for Real Estate Investment Trusts (REITs) by supporting qualified asset management institutions in participating in REITs business. This initiative is part of a broader plan to deepen Shanghai's role as a global asset management center, with a goal of reaching 55 trillion yuan in asset management scale by 2030. The plan also includes supporting tech-focused companies in listing and M&A, and expanding various bond types. AI