tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Jinmao Completes RMB2 Billion Medium-Term Notes Issuance

Story Highlights
China Jinmao Completes RMB2 Billion Medium-Term Notes Issuance

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from China Jinmao Holdings Group Limited ( (HK:0817) ).

China Jinmao Holdings Group Limited, through its wholly-owned subsidiary Shanghai Jinmao Investment Management Group Co., Ltd., has completed the issuance of the first tranche of medium-term notes for 2025, amounting to RMB2 billion with a coupon rate of 2.3%. The proceeds from this issuance will be used to repay other matured notes, potentially enhancing the company’s financial stability and liquidity.

The most recent analyst rating on (HK:0817) stock is a Buy with a HK$1.55 price target. To see the full list of analyst forecasts on China Jinmao Holdings Group Limited stock, see the HK:0817 Stock Forecast page.

More about China Jinmao Holdings Group Limited

Average Trading Volume: 45,990,122

Technical Sentiment Signal: Buy

Current Market Cap: HK$19.04B

See more insights into 0817 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1