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Quasi-Reits in China spread beyond equity markets

Central bank okays sale of a 553.5m yuan offer in the US$7 trillion interbank bond market

Hong Kong

CHINA'S central bank has authorised the first sale of a "quasi" real estate investment trust (Reit) in the vast interbank bond market, in a move that greatly expands the investor base for the new asset class amid rising commercial property values.

State-owned Anhui Xinhua

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