China's first outlet mall REIT public subscription was oversubscribed by more than 23 times.

On August 13, Jin10 Data reported that the result of the first OLE consumption REITs that the market is following, Huaxia’s first OLE REIT, was announced. The announcement shows that the confirmed subscription ratios of public investors and offline investors for Huaxia’s first OLE REIT are 4.298% and 16.055%, respectively. The total subscription amount for this issuance is RMB 7.0785 billion (before proportionate allocation), which once again sets off a wave of public sale REITs.