Hong Kong needs to act on FSDC Reits rethink or miss out on China real estate wave, warn experts
Hong Kong’s Financial Services Development Council (FSDC) wants to shake up the city’s much maligned real estate investment trust structure. The financial markets think-tank this week proposed changes that real estate experts say cannot come soon enough if Hong Kong is to benefit from the wave of Chinese assets that are looking to list offshore, writes Rev Hui.
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