Xiao Gang, member of the National Committee of the Chinese people's Political Consultative Conference and former chairman of the Securities Regulatory Commission, said at the "2022 Tsinghua Wudaokou global financial forum" today that REITs are securities in nature, but they are very different from stocks, bonds and asset securitization products. Therefore, it is necessary to study REITs as an independent type of securities products, formulate special regulations, establish the nature and positioning of REITs, and build a complete set of issuance Listing, trading, information disclosure and investor protection.
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