CHINA China improves equity financing to underpin housing market

CHINA

China improves equity financing to underpin housing market

Xinhua

21:25, November 28, 2022

BEIJING, Nov. 28 (Xinhua) -- China's securities watchdog rolled out five measures on Monday to facilitate equity financing for real estate firms in the latest in a string of efforts to bolster the property market.

File photo: CGTN

Mergers, acquisitions, restructuring, supporting financing, and refinancing will resume for eligible listed companies in the property sector, said a spokesperson for the China Securities Regulatory Commission.

Hong Kong-listed real-estate firms registered in the mainland will also be able to refinance.

The country will expand the use of Real Estate Investment Trusts, especially in affordable rental housing and infrastructures like warehouses and industrial parks, said the commission.

The commission also plans to pilot property-related private equity funds to help firms mobilize real estate assets.


Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue