Four commercial real estate investment trusts (REITs) have obtained approval from the China Securities Regulatory Commission for registration.

The official website of China Securities Regulatory Commission shows that after four commercial real estate investment trusts (REITs) have been reviewed and approved by the Shanghai Stock Exchange and completed the registration procedures, they have officially received the approval for registration from the China Securities Regulatory Commission. This marks a solid step forward in the public offering REITs market in China towards the commercial real estate sector, and is another important manifestation of the capital market serving the high-quality development of the real economy. Next, under the guidance of the China Securities Regulatory Commission, the Shanghai Stock Exchange will continue to promote the review of commercial real estate REITs, organize market entities to solidly carry out the issuance and listing of approved REITs, and ensure the smooth operation of the market. The Shanghai Stock Exchange adheres to the development direction of marketization and rule of law, continuously improves relevant business rules, collaborates with all parties to cultivate the market, guides various ownership entities to actively participate in pilot projects holding high-quality commercial real estate projects, and promotes the smooth implementation of commercial real estate REITs pilot projects, enhancing the quality and efficiency of multi-level capital market services for the real economy.