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CSRC Mulls Including REITs into SZ-/ SH-HK Stock Connect; LINK REIT (00823.HK) Lifts ~3%
Recommend 30 Positive 71 Negative 24 |
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China Securities Regulatory Commission (CSRC) announced five measures to improve the Shenzhen-/ Shanghai-Hong Kong Stock Connect, including the inclusion of real estate investment trusts (REITs) in the Stock Connect mechanism. The news boosted related stocks. LINK REIT (00823.HK) opened 2.27% higher at $32.45 today. It now stands at $31.75, rising 2.92%, with 5.7449 million shares traded, involving $184 million of capital. CHAMPION REIT (02778.HK) opened 0.66% higher today, peaking at $1.69. It now trades at $1.66, surging 9.93%, with 4.7188 million shares traded, involving $7.7003 million. YUEXIU REIT (00405.HK) opened 1.23% higher today and peaked at $0.86. It also trades now at $0.86, hiking 6.17%, with 4.1807 million shares traded, involving $3.5412 million. FORTUNE REIT (00778.HK) opened flat today and logged a high at $3.58. It is trading now at $3.52, elevating 3.83%, with 2.066 million shares traded, involving $7.2913 million. CMC REIT (01503.HK) opened 2.06% higher and topped at $1.03. It now trades at $1.01, up 4.12%, with 330,000 shares traded, involving $331,700. SUNLIGHT REIT (00435.HK) opened 1.35% higher today and reached a high of $1.57. It is trading now at $1.54, up 4.05%, with 1.017 million shares traded, involving $1.5709 million. AAStocks Financial News |
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