OREANDA-NEWS. May 27, 2011. With Bank of China International Holdings Limited (BOC International) as its joint book runner, lead underwriter and listing agent, the Hui Xian Real Estate Investment Trust (Hui Xian REIT) was successfully listed on the Main Board of the Stock Exchange of Hong Kong Limited. As the world's first RMB-denominated REIT and the first RMB-denominated equity IPO outside of China's mainland, the successful listing  of Hui Xian REIT is significant for building Hong Kong into an offshore RMB center, reported the press-centre of Bank of China.

With a 38-year lease agreement, Hui Xian REIT invests in Oriental Plaza, which is one of the largest and most iconic commercial complexes in Beijing and located in the heart of the capital city. Widely recognized by global institutional and individual investors due to high-quality assets and RMB appreciation potential, Hui Xian REIT achieves oversubscription of the units under the Hong Kong Public Offering and the International Offering and raises funds over RMB 10 billion as a result of many quality subscriptions from a large number of institutional investors.

By playing the role of a comprehensive cross-border investment bank in the RMB-denominated Hui Xian REIT IPO, Bank of China International takes a first mover advantage in the field of offshore RMB products, and wins recognition and good reputation from the issuer, investors and the industry.

As a wholly owned investment banking subsidiary of the bank, Bank of China International boasts a diversified cross-border financial service platform covering the most extensive products and services among Chinese investment banks based on the excellent brand, the huge customer base and the international network of Bank of China. Its investment banking services mainly include listing of enterprises both at home and abroad, securities underwriting, fixed income products, leveraged and structured finance, asset management, private banking, direct investments and global commodities. With an international presence in Hong Kong, Beijing, Shanghai, Singapore, London, and New York, as well as leading key performance indicators in both Hong Kong and mainland capital markets, Bank of China International is definitely a comprehensive investment bank in China with strong cross-border service capability.