China firm sues Ketraco over Sh2bn transmission contract businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
Investment in logistics, roads to get REITs boost By ZHOU LANXU | China Daily | Updated: 2021-06-07 09:08 Share CLOSE Workers pour concrete at the construction site of a highway logistics-related warehouse in Zhangye, Gansu province, on May 1. WANG JIANG/FOR CHINA DAILY
Real estate investment trusts, or REITs, have made a stellar debut on the mainland bourses. All of the first nine pilot infrastructure-related instruments were sold out on May 31, the first day of public subscription.
The REIT issued by Bosera Funds, for instance, has an industrial park based in Shenzhen, Guangdong province, as the underlying asset. It has garnered public subscription for more than 3.9 billion lots on May 31, compared with its sales target of 90 million lots.
Reuters
2 minute read
A Chinese national flag flutters near the building of China Securities Regulatory Commission (CSRC) at the Financial Street area in Beijing, China July 16, 2020. REUTERS/Tingshu Wang
The China Securities Regulatory Commission (CSRC) pays great attention to commodity price fluctuations and has been cracking down on irregularities in the futures market, it said on Friday, amid worry about higher prices being passed on to consumers. CSRC will help manage commodity prices in coordination with other government bodies, CSRC spokeswoman Gao Li told a media briefing.
The assurance comes after commodity prices touched record highs in recent weeks raising concerns in Beijing. Regulators have repeatedly pledged tougher inspections of physical and derivatives markets, and crackdowns on speculation and hoarding. read more