Serrari Group

China’s securities regulator, the China Securities Regulatory Commission (CSRC), announced its approval of three applications on Sunday for the launch of the nation’s inaugural publicly traded commercial Real Estate Investment Trusts (REITs) products. These REITs are supported by a portfolio of consumption-related infrastructure projects, marking a significant development in the country’s financial landscape.

The initial wave of approvals for commercial REITs by the CSRC encompasses properties owned by key players in the industry, including SCPG Holdings Co. Ltd., Shanghai Xingxiumao Business Management Co. Ltd., and the commercial arm of China Resources Land. Details of the approvals were disclosed by both the Shanghai and Shenzhen stock exchanges.

The approved REITs are set to include a diverse range of properties, with a particular focus on shopping malls, supermarkets, and other retail-centric real estate assets. These properties are classified as consumption-related infrastructure projects, aligning with China’s strategic emphasis on bolstering its retail and consumer sectors.

This groundbreaking move is poised to open new avenues for investors seeking exposure to China’s dynamic commercial real estate market. As the first publicly traded commercial REITs enter the scene, market observers anticipate increased liquidity and diversified investment opportunities within the country’s thriving real estate sector.

The CSRC’s nod to these applications reflects a strategic effort to foster innovation and broaden the scope of investment instruments available to market participants. The introduction of publicly traded commercial REITs is expected to contribute to the continued growth and maturation of China’s financial markets, providing investors with a novel avenue to participate in the nation’s vibrant consumption-related infrastructure projects.

Photo (CFP)
27th November, 2023
Delino Gayweh
Serrari Financial Analyst

Share this article:
Article and News Disclaimer

The information provided on is for general informational purposes only. While we strive to keep the information up to date and accurate, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information on the website is provided on an "as-is" basis, with no guarantee of completeness, accuracy, timeliness, or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

In no event will be liable to you or anyone else for any decision made or action taken in reliance on the information provided on the website or for any consequential, special, or similar damages, even if advised of the possibility of such damages.

The articles, news, and information presented on reflect the opinions of the respective authors and contributors and do not necessarily represent the views of the website or its management. Any views or opinions expressed are solely those of the individual authors and do not represent the website's views or opinions as a whole.

The content on may include links to external websites, which are provided for convenience and informational purposes only. We have no control over the nature, content, and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorsement of the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

Please note that laws, regulations, and information can change rapidly, and we advise you to conduct further research and seek professional advice when necessary.

By using, you agree to this disclaimer and its terms. If you do not agree with this disclaimer, please do not use the website., reserves the right to update, modify, or remove any part of this disclaimer without prior notice. It is your responsibility to review this disclaimer periodically for changes.

Serrari Group 2023