SINGAPORE (Apr 14): CapitaLand Retail China Trust (CRCT) is poised to benefit from the easing of China’s lockdown, according to DBS Group Research.

This comes as the provincial governments in China have since relaxed tightening measures on the account of fewer new novel coronavirus (Covid-19) cases.

The brokerage understands that all of CRCT’s 13 retail malls in China have since reopened, including Minzhongleyuan, which is situated in Wuhan City.

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