保租房、消费类REITs持续走强，两办发文提出推动REITs发行

Market Performance - The public REITs secondary market continued its upward trend, with the CSI REITs Index and the CSI REITs Total Return Index increasing by 1.24% and 1.39% respectively as of May 16 [1][3] - Among the 65 public REITs listed, 52 experienced a week-on-week increase, while 13 saw a decline [4][6] - The top three performing REITs were Huaxia Nanjing Transportation Expressway REIT, Jiashi Wumart Consumption REIT, and CICC Xiamen Affordable Rental Housing REIT, with increases of 9.13%, 7.09%, and 6.04% respectively [4][6] Sector Analysis - Different sectors showed varied performance, with total return indices for consumption, industrial parks, and affordable rental housing increasing by 3.15%, 2.29%, and 2.26% respectively [3] - The consumption, affordable rental housing, and logistics sectors have seen continuous gains for three weeks, indicating strong market preference for stable asset performance [3][9] Policy Developments - The Central Committee and State Council issued opinions to promote urban renewal, emphasizing the need for market-oriented financing models to attract social capital for urban renewal projects, including the issuance of REITs [2][9] - Local policies are also supporting the issuance of public REITs, with cities like Guangzhou and Fujian Province implementing measures to facilitate financing through REITs for specific sectors [9][10] Liquidity and Trading Activity - The trading volume for public REITs reached 2.442 billion yuan, with logistics REITs showing the highest average turnover rate [8] - The top three REITs by trading volume were Hongtu Innovation Yantian Port REIT, Dongwu Su Garden Industrial REIT, and Guotai Junan Dongjiu New Economy REIT [8] New Product Developments - Several public REITs have made progress in their application processes, including the launch of the Chuangjin Hexin Electronic City Industrial Park REIT and feedback received for Huaxia Kaide Commercial REIT and Bank of China Logistics REIT [2][9]