The Shanghai Stock Exchange Further Regulates Infrastructure REITs’ New Purchase of Infrastructure Projects, Expansion and Offering, etc._ Securities Times Network

Securities Times e-company news, the Shanghai Stock Exchange issued the “Shanghai Stock Exchange Public Offering of Infrastructure Securities Investment Funds (REITs) Rules Application Guidelines No. 3 – Newly Purchased Infrastructure Projects (Trial)”. Clarify requirements for infrastructure REITs. Infrastructure REITs should comply with relevant laws and regulations, have stable investment operations, standardized basic accounting work, 12 months in principle from the date of listing to the date of submitting the application for change of fund registration, and the infrastructure projects they hold are in good operation. It clarified the conditions that fund managers, fund custodians, holders of the largest infrastructure REITs holding no less than 20% of the shares and other entities should meet.