【固收】新增一只保障房类REIT上市，二级市场价格延续震荡上行——REITs周度观察（20250519-250523）（张旭）

Group 1 - The secondary market for publicly listed REITs in China showed an overall upward trend during the week of May 19-23, 2025, with a weighted REITs index closing at 139.74 and a weekly return of 1.36% [2] - Among major asset classes, the return rates ranked from highest to lowest are: Gold > REITs > Pure Bonds > A-shares > Crude Oil > Convertible Bonds > US Stocks [2] - The traffic infrastructure REITs recorded the highest increase in returns, with the top three asset types being traffic infrastructure, water conservancy facilities, and affordable housing [2] Group 2 - In terms of individual REIT performance, there were 47 REITs that increased in value, 1 remained flat, and 18 decreased. The top three gainers were Huatai Suzhou Hengtai Rental Housing REIT, China Merchants Expressway REIT, and Ping An Ningbo Transportation REIT [2] - The total trading volume for public REITs was 3.12 billion yuan, with the average daily turnover rate being 0.79% [2] - The top three REITs by trading volume were Dongwu Suyuan Industrial REIT, Huatai Suzhou Hengtai Rental Housing REIT, and Huaxia Hefei High-tech REIT [3] Group 3 - The total net inflow from major investors was 75.61 million yuan, indicating sustained market trading enthusiasm [3] - The top three asset types for net inflow were affordable rental housing, warehousing and logistics, and energy infrastructure [3] - The total amount of block trades reached 364.74 million yuan, significantly increasing from the previous week, with the highest single-day block trade occurring on May 21, 2025, at 100.58 million yuan [3] Group 4 - Huatai Suzhou Hengtai Rental Housing REIT was listed on May 21, 2025, with an issuance scale of 1.367 billion yuan, focusing on affordable rental housing [5] - The status of the "Chuangjin Hexin Electronic City Industrial Park Closed-end Infrastructure Securities Investment Fund" has been updated to "Filed," while the "CICC China Green Development Commercial Asset Closed-end Infrastructure Securities Investment Fund" has been updated to "Approved" [5]