China Jinmao (00817.HK): Sinochem Finance provided 1.5 billion yuan in loans to Zhantuo Real Estate
Gelonghui, April 26, 丨 China Jinmao (00817.HK) announced that on April 26, 2024, the company's indirect wholly-owned subsidiary Zhantuo Real Estate (as borrower) signed a loan contract with Sinochem Finance (as lender). Based on this, Sinochem Finance agreed to provide a loan with a total principal amount of RMB 1.5 billion to Zhantuo Real Estate. In order to guarantee the repayment liability of Zhantuo Real Estate under the loan contract, Zhantuo Real Estate and Sinochem Finance entered into a mortgage contract on the same day. Based on this, Zhantuo Real Estate agreed to mortgage the property in question to Sinochem Finance.
China Jinmao Holdings Swings to Loss in 2023
China Jinmao Holdings Group (HKG:0817) booked a net loss attributable to members of 6.9 billion yuan in the year ended Dec. 31, 2023, against an attributable profit of 2 billion yuan from a year ago,
中國金茂:二零二三年年報
Domestic housing stock Pusheng Zhongliang Holdings (02272) rose 11.9%. The approval amount for the first batch of “white list” projects exceeded 500 billion yuan
Jinwu Financial News | Domestic housing stocks rose by 11.9%, Zhongliang Holdings (02772) rose 11.9%, Ocean Group (03377) and Xuhui Holding Group (00884) rose more than 5%, Shimao Group (00813) and Sunac China (01918) rose more than 4%, Xincheng Development (01030) rose more than 3%, Longhu Group (00960) and China Jinmao (00817) rose nearly 2%. By the end of March, commercial banks had completed the review of all the first batch of “white list” projects promoted by the Urban Real Estate Financing Coordination Mechanism. The number of approved projects exceeds 2,100, with a total amount of more than 52
National Bureau of Statistics: The month-on-month decline in commercial residential sales prices in various tier cities narrowed slightly in March, and the year-on-year decline increased
In March 2024, the volume of newly built commercial housing and second-hand housing transactions in 70 large and medium-sized cities increased compared to the previous period. The decline in commercial residential sales prices in various tier cities narrowed slightly from month to month, and the year-on-year decline increased.
Zhitong Hong Kong Shareholders' Rights Disclosure | April 15
According to data from the Zhitong Finance App, China Jinmao (00817), Nuocheng Jianhua (09969), Sunshine 100 China (02608), BOE Precision (00710), and Anle Engineering (01977) made the latest shareholders' rights disclosure on April 15, 2024. Stock name Institutional name Change of nature of shares before change of shareholding ratio China Jinmao (00817) Zhang Hui had a good position of 4.4840 million shares 8.484 million shares 0.06% (latest) 0.03% (previous), Nuocheng Jianhua (09969) King Bridge Inves
China Jinmao (00817.HK) received 5.484 million shares from executive director Zhang Hui
Gelonghui, April 15 | According to the latest equity disclosure data of the Stock Exchange, from April 11 to April 12, 2024, China Jinmao (00817.HK) obtained a total increase of 5.484 million shares by executive director Zhang Hui at an average price of HK$0.525-0.5435 per share on the market, involving approximately HK$2.91 million. After increasing his holdings, Zhang Hui's latest shareholding was 8.484 million shares, and the shareholding ratio increased from 0.02% to 0.06%.
Domestic housing stocks were collectively pressured, Agile Group (03383) fell 5.77%. The contract sales amount of many housing companies in the first quarter fell by more than 50% year on year
Jinwu Financial News | Domestic housing stocks were collectively pressured. Agile Group (03383) fell 5.77%, Shimao Group (00813) fell 5.63%, Yuexiu Real Estate (00123) fell 5.16%, China Overseas Hongyang Group (00081), Sunac China (01918), Longhu Group (00960) fell more than 4%, and China Jinmao (00817) and Xuhui Holding Group (00884) fell more than 3.5%. According to the news, contract sales amounts for many housing companies declined in the first quarter. Longhu Group achieved total contract sales of 23.48 billion yuan in the first quarter, a decrease of 53.7%; involving sales
China Jinmao (00817.HK) obtained contract sales amount of 6.97 billion yuan in March
Gelonghui, April 10 | China Jinmao (00817.HK) announced that in March 2024, the company and its subsidiaries (the “Group”) obtained a contract sales amount of RMB 6.97 billion, with a contract sales area of about 342,290.54 square meters. In the three months ended March 31, 2024, the Group has obtained a total contract sales amount of RMB 17.52 billion (including (if any) the Changsha Meixi Lake International New Town Project, the Nanjing Qinglongshan International Ecological City Project, the Ningbo Life Science City Project, the Jiaxing Shanghai Window Smart Science City Project, and the Mazhai New Town Project in the 27th District of Zhengzhou
The directors and management of China Jinmao (00817) increased their total holdings of the company by 26.778 million shares
China's Jin Mao (00817) announced the progress of plans to increase directors' and management holdings, in order to demonstrate confidence in the company's future development and interest in...
Changes in Hong Kong stocks | Domestic housing stocks generally rose, and the results of Xiaoyangchun were slightly insufficient in March and recently boosted the property market in many places
The Zhitong Finance App learned that domestic housing stocks generally rose. As of press release, China's Jinmao (00817) rose 6% to HK$0.53; Zhongliang Holdings (02772) rose 5.5% to HK$0.21; R&F Real Estate (02777) rose 4.82% to HK$0.87; Ocean Group (03377) rose 3.77% to HK$0.275; Sunac China (01918) rose 3% to HK$1.03. According to the news, real estate policies have recently been relaxed in many places. Specifically, Hebei, Hunan, and Qinhuangdao have adjusted their provident fund policies in many places; Qingdao has issued a number of new property market policies; ha
Changes in Hong Kong stocks | China's Jinmao (00817) rose more than 4% to discuss refinancing with banks on a HK$4 billion loan
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 Federation
Zhitong Hong Kong Shareholders' Rights Disclosure | April 9
According to data from the Zhitong Finance App, Wuling Auto (00305) and China Jinmao (00817) made the latest shareholders' rights disclosure on April 9, 2024. Stock name Institutional name Change in nature of shares before change of shareholding ratio of Wuling Motors (00305) Song Weihao held 1596 million shares 912,000 shares 0.01% (latest) 0.01% (previous) China Jinmao (00817) Qiao Xiaojie took 5.334 million shares 0.04% (latest) 0.04% (latest) 0.04% (previous)
Zhitong Hong Kong stocks have known for a long time | Ministry of Housing and Construction promotes construction and municipal infrastructure equipment updates and issues imported online game version numbers in April
On April 8, the State Press and Publication Administration released approval information for online games imported in April. A total of 14 games were approved, including “Mega Man 11” by Tencent and “Diversive Million King Arthur: Ring” by Perfect World.
China Jinmao (00817.HK) gains 3.5 million shares from executive director Qiao Xiaojie
Gelonghui, April 9 | According to the latest equity disclosure data of the Stock Exchange, from April 5 to 8, 2024, China Jinmao (00817.HK) was granted a total increase of 3.5 million shares by 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%.
China Jinmao (00817.HK) received 1 million additional shares from executive director Qiao Xiaojie
Gelonghui, April 8 | According to the latest equity disclosure data of the Stock Exchange, on April 3, 2024, China Jinmao (00817.HK) was granted an increase of 1 million shares by Executive Director Qiao Xiaojie at an average price of HK$0.525 per share on the market, involving approximately HK$525,000. After the increase in holdings, Qiao Xiaojie's latest shareholding was 2.334 million shares, and the shareholding ratio increased from 0.01% to 0.02%.
[Broker Focus] Everbright Securities: Optimistic that China's industrial parks are entering stock reform+innovation and development period, public REITs are conducive to industrial park asset revaluation
Jinwu Financial News | According to Everbright Securities Research, the current supply and demand relationship in China's real estate market has undergone major changes. In the beginning of 2024, supervisory authorities will continue to actively optimize real estate policies and accelerate the construction of a new model for real estate development. On the supply side, the regulation suggests that the financial industry supports real estate financing, continues to support real estate financing through comprehensive methods such as credit, bonds, and equity, emphasizes that housing enterprises with different forms of ownership are “treated equally”, establish a coordination mechanism for urban real estate financing, and improve the mortgage rate and use of operating property loans. The financing cash flow of high-quality housing enterprises is expected to increase; on the demand side, the Ministry of Housing and Construction proposes to fully allocate urban real estate
Most domestic housing stocks were pressured, and Vanke (02202) fell 10.7%. The sales transaction amount of the top 100 housing enterprises fell 47.5% year-on-year in the first quarter
Jinwu Financial News | Domestic housing stocks were mostly pressured. Vanke (02202) fell 10.7%, Agile Group (03383) fell 7.94%, Zhongliang Holdings (02772) fell 4.59%, Yuexiu Real Estate (00123) fell 3.94%, China Jinmao (00817) fell 3.57%, and Midea Real Estate (03990) fell 3.77%. According to the news, Kerui data shows that in March, the top 100 housing enterprises achieved sales transaction amount of 358.32 billion yuan (RMB, same below), an increase of 92.8% month-on-month. However, the first quarter list from 2019 to 2024 from the top 100 real estate companies
Midland Properties: Hong Kong property market transactions surged after the withdrawal of the market, and market confidence continued to increase
Lau Ka-fai pointed out that Hong Kong property market transactions surged after the Hong Kong government withdrew. Coupled with the Federal Reserve keeping interest rates unchanged and expecting to cut interest rates this year, market confidence continued to increase, and the confidence index continued to rise for 3 weeks.
Minsheng Securities: Maintaining the “Recommended” Rating of China's Jinmao (00817) for 23 years, sales have been in the first tier of the industry
Minsheng Securities predicts that the 2024-2026 revenue of China Jinmao (00817) will reach 81,853 billion yuan/89.916 billion yuan/97.825 billion yuan.
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