On April 7, the first public offering REITs in 2022—CCCC-ChinaAMC Expressway Closed-end Infrastructure Securities Investment Fund (hereinafter "CCCC REIT") was officially launched for sale to the public.
On April 7, the first public offering REITs in 2022—CCCC-ChinaAMC Expressway Closed-end Infrastructure Securities Investment Fund (hereinafter "CCCC REIT") was officially launched for sale to the public.
The online public offering was composed of 75 million shares with 705 million yuan. As of close of the trading that day, online public investors' subscription exceeded 65 billion yuan with public allocation ratio of about 1.08%, which broke the record of minimum allocation ratio of 1.76% set by Shougang Biomass in May, last year.
CCCC REIT completed its online offering one day earlier, successfully accomplished the launch and became the one with the biggest launch scale in the market.