SHOUCHENG (00697.HK): unit invests in CICC Cainiao REIT
NewTimeSpace News: On 3 November 2026, Shoucheng Holdings Limited (stock code: 00697) voluntarily announced that a company under its wholly-owned Shoucheng Cornerstone unit recently invested in the CICC Cainiao REIT, a warehouse-logistics infrastructure fund. The Company said the investment deepens industry-finance synergy and supply chain integration, and unlocks the value of operating digital-intelligent warehousing assets.
Cainiao is described as a leading global e-commerce logistics and logistics technology company with a network spanning over 200 countries and regions. The REIT underlying asset is the high-standard warehouse at the China Smart Backbone Network Jiaxing Park. The Group said it will keep increasing investment in China intelligent infrastructure assets, leveraging full-industry-chain synergy and its first-mover advantage in REITs.
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