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China Aviation Beijing Changbao Rental Housing REIT Approved
People’s Financial News, March 23 — On the evening of March 23, the China Securities Regulatory Commission’s official website announced that the application for AVIC Beijing Changbao Rental Housing REIT has been approved. The fund contract term is 62 years, and the total approved fundraising amount is 400 million shares. AVIC Fund must carry out the fundraising activities within 6 months from the date of this approval, and the fundraising period shall not exceed 3 months from the date of fund share issuance.