China's Jinmao directors and management further increased their total holdings of the company by 21.51 million shares

China Jinmao (00817) announced the progress of the directors' and management plans to increase their holdings. To demonstrate confidence in the company's future development and recognition of the long-term investment value of the company's shares, the company's directors and management further purchased a total of 21.51 million shares of the company's common shares with their own capital from April 10, 2024 to April 26, 2024 on the Hong Kong Stock Exchange Limited market. The announcement stated that the company did not participate in the above purchase, will not participate in the holdings increase plan, and has not provided any financial support for the holdings increase plan.

新浪港股Apr 28 20:51 ET

China's Jinmao signed a cumulative sales amount of 17.52 billion yuan in the first 3 months

China Jinmao (00817) announced that in March 2024, the company and its subsidiaries (group) obtained a contract sales amount of RMB 6.97 billion, with a contract sales area of about 342,300 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 Jiaxing Shanghai Window Smart Science City Project, the Mazhai New Town Project in the 27th District of Zhengzhou, the Wenzhou Aojiang International New Town Project, and Jinhuajin

新浪港股Apr 10 19:20 ET

Minsheng Securities: Maintaining China's Jin Mao's “Recommended” Rating for 23 Years, Sales Stabilized at the First Tier of the Industry

Minsheng Securities released a research report stating that it maintains the “recommended” rating of China's Jinmao (00817) and predicts revenue of 81,853 billion yuan/89.916 billion yuan/97.825 billion yuan respectively in 2024-2026. The company relies on its parent company, Sinochem, to continuously obtain low-cost capital on the financing side; on the investment side, it relies on the ability of urban operations to obtain high-quality projects in Tier 1 and 2 cities; on the sales side, it relies on “government” brand influence and customer confidence to guarantee the delivery of buildings; and operates various self-owned businesses such as businesses, offices, and hotels on the holding side. The bank mentioned that in 2023, China's Jinmao sales amount was 141.2 billion

新浪港股Apr 1 04:07 ET

China's Jinmao signed a contract sales amount of 6.4 billion yuan in January

China Jinmao (00817) announced that in January 2024, the group obtained a contract sales amount of RMB 6.4 billion (including (if any) the transaction sales amount for the Changsha Meixi Lake International New City Project, the Nanjing Qinglongshan International Ecological New City Project, the Ningbo Life Science City Project, the Jiaxing Shanghai Window Smart Science City Project, the Mazhai New Town Project in the 27th District of Zhengzhou, Wenzhou Aojiang International New Town Project, Jinhua Jinmao Future Science City Project, Huzhou Jinmao South Taihu City Operation Project), and the contracted sales area for the Huzhou Jinmao South Taihu City Operation Project Approximately 386,700 square meters. Furthermore, on 2024 1

新浪港股Feb 8 19:17 ET

China Jinmao: The final sale price of Huaxia Jinmao Commercial REIT was 2.67 yuan per fund share

China Jinmao (00817) announced that on December 30, 2023, the final sale price of Huaxia Jinmao Commercial REIT has been determined to be RMB 2.67 (final sale price) per fund share. Based on the final sale price, the total proceeds from the public sale were approximately RMB 1,068 billion. The company (via Shanghai Xing Xiumao) will subscribe for the number of relevant fund shares at the final sale price (which will account for 34% of the issued fund shares at the time the proposed listing is completed). After the proposed spin-off is completed, the company will beneficially own 34% of the equity interest in the public fund. After the proposed spin-off is completed, the project company will no longer be public

新浪港股Jan 1 19:50 ET

High quality underlying assets+strong operating capability, China Jinmao (00817.HK) public REITs approved

On November 24, the “Huaxia Jinmao Shopping Center Closed Infrastructure Securities Investment Fund” project was issued and approved by the Securities Regulatory Commission and approved by the Shanghai Stock Exchange. The first batch of domestic consumer infrastructure REITs products represented by this project was approved, which is also conducive to speeding up the normalized distribution and high-quality expansion of REITs and injecting new vitality into the domestic public REITs market. This move will also actively boost the domestic consumer market and contribute to supporting the long-term development of the real economy.

Gelonghui FinanceNov 26, 2023 21:39 ET