The first batch of commercial real estate REITs in our country were listed on the Shanghai Stock Exchange.

The first batch of commercial real estate REITs in our country were listed on the Shanghai Stock Exchange yesterday. This move is beneficial for revitalizing existing commercial real estate resources and effectively serving the real economy. The first 4 products listed cover mature commercial formats such as commercial retail and office buildings, located in core areas of cities including Beijing, Shanghai, Zhengzhou, Xi'an, and Harbin. Commercial real estate REITs, also known as commercial real estate investment trust funds, package mature commercial real estate into standardized fund shares that can be publicly traded on the exchange.