The first batch of commercial real estate investment trusts (REITs) were listed on the Shanghai Stock Exchange.

On June 18, 2026, the first batch of commercial real estate REITs were successfully listed at the Shanghai Stock Exchange. The 4 products listed this time are Huatai Shanghai Real Estate Commercial REIT, CITIC Construction Investment Shounong Commercial REIT, Guotai Haitong Sand Ship Commercial REIT, and CICC VIP.com Commercial REIT, with a total raised fund size of approximately 20.3 billion yuan. The underlying assets of the products cover mature commercial formats such as commercial retail and commercial office buildings, distributed in core areas of cities such as Beijing, Shanghai, Zhengzhou, Xi'an, and Harbin. The participating entities include local state-owned leading enterprises and industry-leading private enterprises, demonstrating good market representativeness and demonstration effects. As of now, a total of 21 projects have been accepted by the market, and several more first batch projects will be issued and listed according to regulations in the near future.