ICYMI – China launches pilot scheme to boost private investment in real estate | Forexlive

Chinese property developers are rallying on news that China launched a pilot scheme for real estate private equity investment funds.

In brief, China Securities Regulatory Commission (CSRC) announcement:

• pilot scheme of at least 30 million yuan in its first round
• Investors in the scheme, predominantly institutional, should offer no less than 10 million yuan each to participate
• will invest in residential and commercial housing,infrastructure projects
• encouraging participation by foreign investors through an inbound investment programme called the Qualified Foreign Limited Partnership (QFLP)