【固收】二级市场价格波动下跌，市场交投热情有所下降——REITs周度观察（20260302-20260306)（张旭/秦方好）

Market Overview - The secondary market for publicly listed REITs in China experienced an overall decline in prices during the week of March 2 to March 6, 2026, with the China Securities REITs closing at 789.81 and the China Securities REITs total return index at 1027.62, both showing a weekly return of -0.35% [4] - In comparison to other major asset classes, the return rates ranked from highest to lowest are: crude oil > pure bonds > REITs > US stocks > convertible bonds > gold > A-shares [4] - Among different project attributes, both property and concession REITs saw price declines, with property REITs returning -1.45% and concession REITs returning -0.14% [4] - The best-performing underlying asset types this week were water conservancy facilities, energy, and transportation infrastructure [4] Trading Activity - The total trading volume for public REITs this week was 2.46 billion yuan, with new infrastructure REITs leading in average daily turnover rate at 0.51% [5] - The top three REITs by trading volume were Southern Universal Data Center REIT, Southern Runze Technology Data Center REIT, and CICC ProLogis REIT [5] - The total net inflow for the week was -50.02 million yuan, indicating a decrease in market trading enthusiasm compared to the previous period [5] - The top three REITs by net inflow were consumer infrastructure, affordable rental housing, and energy infrastructure [5] Block Trading - The total amount of block trading reached 449 million yuan this week, showing an increase from the previous period [6] - There were four trading days with block trades, with the highest single-day block trading amount on March 2, 2026, at 178.9 million yuan [6] - The top three REITs by block trading amount were Chuangjin Hexin Shounong REIT, Huatai Jiangsu Transportation Control REIT, and E Fund Deep Highway REIT [6] Primary Market - No new REIT products were listed this week [7] - The project status of nine REIT products was updated during the week [7]