Shanghai Stock Exchange expands repo funder list to 28, adds REITs collateral

The headline number is the funder count, but the operative detail is the collateral line: inter-institutional REITs now have named counterparties willing to take them in repo, which speaks to the slow build-out of a funding channel for a market that has long lacked one. The named institutions skew toward asset managers and trusts rather than banks, suggesting appetite is concentrated where REIT expertise already sits. Whether that acceptance broadens beyond these five, and whether it deepens rather than stays nominal, is the open question.