On the 28th, the China Securities Regulatory Commission (CSRC) released the "Opinions on Capital Market Support for Building a New Model for Real Estate Development," aimed at accelerating the establishment of a capital market service system that aligns with the new development paradigm for real estate. This initiative is designed to enhance housing quality, support corporate transformation, and foster a positive cycle between finance and the property sector.
The guidelines explicitly endorse refinancing for listed real estate development companies, alongside the use of tools such as share issuance, targeted convertible bonds, and cash to acquire property-related assets. Additionally, the CSRC plans to steadily advance the development of commercial real estate investment trusts (REITs) and will permit qualified private fund managers to establish real estate private investment funds.
For further reporting leads, please contact: 国是直通车 at guoshi@chinanews.com.cn. Your attention fuels our continued coverage.