Shanghai issued measures to deepen its global asset management center: it will
support listings and M&A of tech-heavy enterprises to raise the technology
content and quality of equity assets; expand FTZ offshore bonds, Yulan bonds,
Panda bonds and Sci‑tech bonds to broaden and balance bond supply; support
eligible asset managers to participate in REITs and position Shanghai as the
preferred national venue for REIT issuance and trading; and widen use of
supply‑chain bills while accelerating development of real estate trusts, equity
trusts and other alternative-asset supplies.
