Group 1 - The Hong Kong Securities and Futures Commission (SFC) has launched a "Real Estate Fund Hotline" to facilitate the public offering of new Real Estate Investment Trusts (REITs), aiming to promote the development of the REIT market in Hong Kong [1] - The new one-stop hotline will assist local and international REIT applicants in consulting the SFC confidentially, thereby enhancing their preparation and efficiency for listing [1] - The SFC has streamlined the approval process and submission requirements for REITs in response to the latest developments in the Hong Kong Stock Exchange listing rules, expecting decisions on new REIT applications to be made within four weeks under the simplified procedure [1] Group 2 - The REITs interconnection mechanism is actively being promoted, with the China Securities Regulatory Commission having announced measures to include REITs in the Shanghai-Hong Kong Stock Connect, which will enrich trading varieties [2] - The launch of the "Real Estate Fund Hotline" reflects Hong Kong's commitment to long-term development of the REIT market, enhancing regulatory transparency and efficiency, and increasing Hong Kong's attractiveness as a fundraising and investment hub [2] - This policy is expected to attract more international REITs, enrich the market ecosystem, and provide new financing channels for mainland real estate companies, helping to alleviate funding pressures [2]