Dr. XU Zheng, Senior Vice President of CITIC Securities, delivered a lecture entitled "Asset Securitization and Public offering REITs".

Abstract:In recent years, corporate asset securitization business has been developing rapidly in China and has become an important financial product with an annual issuance scale of over $1 trillion. Recently, the first batch of public offeringREITs projects will be launched after years of exploration. In this exchange, we will share the concept, principle and development of asset securitization, and answer the operation process and way of asset securitization from the practical perspective according to different asset types. The concept, development history, product significance and project requirements of public offering REITs will also be introduced.