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June 18, 2026 — Shanghai Stock Exchange listed the first batch of commercial real-estate REITs, comprising four managed offerings by Huitianfu, CSC Financial, Guotai Haitong and China International Capital Co (CICC-Vipshop). The quartet raised about

2026-06-18

June 18, 2026 — Shanghai Stock Exchange listed the first batch of commercial real-estate REITs, comprising four managed offerings by Huitianfu, CSC Financial, Guotai Haitong and China International Capital Co (CICC-Vipshop). The quartet raised about 20.3 billion yuan in aggregate. Underlying assets are mature retail and office properties located in core districts of Beijing, Shanghai, Zhengzhou, Xi’an and Harbin; sponsors include local state-owned leaders and top private operators. The exchange has accepted 21 REIT projects so far and several additional inaugural projects are expected to be issued and listed in due course.

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2026-06-18

1. Shanghai Stock Exchange: AI large-scale model companies are eligible for the fifth set of listing standards on the Science and Technology Innovation Board. 2. Qiu Yong, Shanghai Stock Exchange: Implement the newly released supporting rules for th

1. Shanghai Stock Exchange: AI large-scale model companies are eligible for the fifth set of listing standards on the Science and Technology Innovation Board. 2. Qiu Yong, Shanghai Stock Exchange: Implement the newly released supporting rules for the AI field and promote the implementation of more innovative demonstration cases. 3. State Council: Promote the formation of more entrepreneurial projects such as AI application scenario innovation and technology transfer. 4. National Development and Reform Commission and Ministry of Human Resources and Social Security: Adapt to the development of AI to promote employment and entrepreneurship, and tap the employment potential of emerging fields. 5. National Development and Reform Commission responds to large-scale investment in computing power networks: Market forces will play a decisive role. 6. Ministry of Industry and Information Technology: Deepen the implementation of the "AI + Manufacturing" special action and thoroughly rectify "involutionary" competition. 7. ByteDance increases its purchase of domestically produced chips; major internet companies are racing to build computing power moats. 8. AI industry giants gather at the G7 summit; the US plans to promote global AI standard harmonization. 9. European Central Bank President warns of the risk of AI triggering a financial crisis. 10. Beijing: Support enterprises in purchasing and consuming tokens for AI applications. 11. AI modeling company Aether AI completes $20 million Series A funding round. 12. SK Hynix begins supplying samples of its next-generation AI-oriented memory, the "HBM4E" 12-layer stack.
2026-06-18

The Bank of England's interest rate decision on June 18th was 3.75%, as expected and unchanged from the previous value.

The Bank of England's interest rate decision on June 18th was 3.75%, as expected and unchanged from the previous value.
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