The Zhitong Finance App learned that China's Jinmao (00817) rose by more than 4% and rose 4% at press time to HK$0.52, with a turnover of HK$3.62 million.
According to the news, in response to previous market news, China's Jin Mao is currently discussing refinancing matters with the bank on a HK$4 billion loan. A person close to China's Jin Mao responded, “This news is true. Negotiations are ongoing with the syndicate to renew the loan.” According to reports, the HK$4 billion loan will expire in July. In addition, the source also revealed that at present, the company has prepared sufficient funds to repay the 250 million US dollar bonds due on June 21.
Furthermore, on April 9, according to the Stock Exchange's latest equity disclosure data, from April 5 to 8, 2024, China Jinmao obtained a total increase of 3.5 million shares from Executive Director Qiao Xiaojie at an average price of HK$0.488-0.5 per share, involving approximately HK$1,714,000. After the increase in holdings, Qiao Xiaojie's latest shareholding was 5.834 million shares, and the shareholding ratio increased from 0.02% to 0.04%.