After the land finance has cooled down, an unprecedented large-scale monetization of state assets is quietly unfolding.
Hubei was the first to take action, packaging future revenue rights of highways, cross-river bridges, and data centers into financial products for public sale.
This is not a drill, but a large-scale retreat involving hundreds of trillions of state-owned assets being securitized.
Anhui has already entered the market, and more provinces are on their way.
Do you think this is about paying off debts?
No, this is a complete reset of wealth logic.
In the past, we sold land; now we sell the future.
Those who can understand this massive asset migration are quietly positioning themselves for the next wealth opportunity, while those who don't understand don't even know who is making the money.