Summary by Moomoo AI
China Construction Bank (Construction Bank) announced that its subsidiary Construction Trust Housing will issue infrastructure public offering REITs involving underlying assets in three secured rental housing projects located in Beijing, Shanghai and Suzhou. The project was accepted on 1 March 2024 by the China Securities Commission and the Shanghai Stock Exchange. The Construction Bank announced on 13 October 2023 that the HKEx had confirmed the possibility of a proposed split and was exempted from strict compliance. The issuance of the CBI REIT is still subject to further consent review and there is uncertainty. Construction Bank will closely monitor audit progress and fulfill its obligation to disclose information in a timely manner.