周观REITs：上交所举办沪市REITs投资者交流会

Market Performance - The overall REITs market declined this week, with the CSI REITs total return index falling by 1.18% from April 7 to April 11, 2025[2] - The total REITs index decreased by 0.48%, while the property REITs index dropped by 0.78%[2] - The leading performer was the Huaxia Beijing Affordable Housing REIT, which increased by 3.67%[2] Liquidity - The total trading volume of REITs this week was 590 million CNY, a decrease of 11.0% compared to the previous week[3] - The trading volume for property and operating rights REITs was 332 million CNY and 258 million CNY, reflecting changes of -14.7% and -5.6% respectively[3] - The largest category by trading volume was transportation infrastructure REITs, accounting for 28.2% of total trading volume[3] Asset Class Comparison - The REITs total index outperformed the CSI 300 index by 2.40 percentage points but underperformed the CSI All Bond index by 0.81 percentage points[2] - Compared to the Nanhua Commodity Index, the REITs total index outperformed by 4.63 percentage points[2] Risk Factors - Future operational conditions of REITs' underlying assets are uncertain, and projected cash flows in the offering documents may not accurately reflect actual performance[3]