The securities dealer said it aims to invest in real estate investment trust.
China Bank Securities announced its purchase of Premiere Island Power REIT Corp. (PremiereREIT) shares to stabilize the company’s share price.
China Bank Securities said the move was done for the stabilization activities.
PremiereREIT was launched in 16 December and intends to be a leading diversified power and infrastructure REIT (real estate investment trusts) in the country.