China Jinmao Holdings Group Limited ( (HK:0817) ) has shared an announcement.
China Jinmao Holdings Group Limited announced a supplemental agreement to increase the maximum daily loan balance provided by its subsidiary, Kaimao Real Estate, to BCDC from RMB620 million to RMB720 million. This transaction is classified as a disclosable transaction under Hong Kong’s Listing Rules, indicating its significance in the company’s financial operations. The agreement reflects the company’s strategic financial management and its efforts to optimize capital allocation within its subsidiaries, potentially impacting its financial stability and stakeholder interests.
More about China Jinmao Holdings Group Limited
China Jinmao Holdings Group Limited is a company incorporated in Hong Kong, operating in the real estate sector. It focuses on property development and management, with a market emphasis on urban development projects in China.
YTD Price Performance: 16.33%
Average Trading Volume: 37,564,940
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$15.4B
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