The public offering REITs market welcomes new "player".

Recently, the Shanghai and Shenzhen Stock Exchanges have approved a batch of public offering Real Estate Investment Trusts (REITs). It was noted by reporters that among the fund managers of the newly approved products, in addition to "old players" such as Huaxia Fund and Nanfang Fund, Chuan Jin Hexin Fund, as a newcomer, also received approval for its first REITs product - Chuan Jin Hexin Shounong Industrial Park REIT. According to data from Choice, there are currently 68 public offering REITs established in the market, with a total fundraising scale of 177 billion yuan, managed by 24 public offering institutions. At the same time, the market is showing a development pattern of the strong getting stronger and newcomers rising, with "new players" constantly entering the market. Industry insiders point out that the potential size of China's public offering REITs market could reach trillions of yuan, and new entrants looking to seize development opportunities need to build professional teams, improve institutional processes, continually summarize experiences, and effectively leverage the strength of shareholders and partners to conduct business.