The first batch of commercial real estate REITs was listed on the stock exchange. Bank wealth management funds have become an important buyer force.

Banks' wealth management tightly grasp the first batch of commercial real estate REITs investment opportunities. Recently, the first batch of commercial real estate securities investment funds were collectively listed on the Shanghai Stock Exchange, marking a breakthrough in the format of China's public REITs market from infrastructure to commercial real estate. Just a few days later, regulatory authorities approved the second batch of 6 closed-end commercial real estate REITs, covering commercial districts in Beijing, Shanghai, Shenzhen, and the Greater Bay Area, with a diverse range of state-owned enterprises, central enterprises, and foreign entities participating together. The signal of "small steps, fast pace, normalized supply" further clarified. In this wave of expansion, many wealth management companies such as Industrial and Commercial Bank of China Wealth Management and China Post Wealth Management have announced their participation in the first batch of commercial real estate REITs investments. Bank wealth management funds are accelerating the allocation of public REITs assets, gradually becoming an important buying force after public funds and insurance funds. In the environment of low interest rates and "asset shortage," positioning in REITs has become one of the asset allocation solutions for banks' wealth management to achieve a diversified and multi-strategy transformation and increase product profits.