PRESS DIGEST - China - Nov 5

BEIJING/SHANGHAI, Nov 5 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Thursday. Reuters has not checked the stories and does not vouch for their accuracy.

CHINA SECURITIES JOURNAL

-- A Chinese property developer won a bid for a plot of land close to the proposed Shanghai Disney theme park in an auction on Wednesday at a price of 1.19 billion yuan ($174.3 million), or more than 14,000 yuan per square meter, nearly fourfold the base price.

-- The China Securities Regulatory Commission has ruled that the watchdog's officials are prohibited from immediately joining companies being monitored by the commission after they quit.

-- Export volume of the recent China Import and Export Fair, known as Canton Fair, reached $30 billion, up 16 percent from the fair held early this year.

-- Shanghai will launch real estate investment trusts, or REITs, by the end of this year, an industry source familiar with the situation said.

SHANGHAI SECURITIES NEWS

-- The total land area of the proposed Shanghai Disney theme park will reach 107 square kilometres, with an investment of 24.5 billion yuan for the first phrase, a source familiar with the situation said.

-- A unit of China Pacific Insurance (Group) (601601.SS), China's third-largest life insurer, recently won regulatory approval to take over a stake in Changjiang Pension Insurance Co Ltd.