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The latest announcement is out from China Jinmao Holdings Group Limited ( (HK:0817) ).
China Jinmao announced that its indirect non-wholly-owned subsidiary Yingmao Properties has entered into a new framework agreement with shareholders Wide Sea and Pingjia Investment to continue providing shareholder loans from 30 December 2025 to 31 December 2026, replacing an existing agreement due to expire in 2025. Under the new arrangement, Yingmao will extend loans to Wide Sea and Pingjia Investment or their designated entities on consistent terms and in proportion to their shareholdings, with the loans to Pingjia Investment constituting a continuing connected transaction subject to Hong Kong listing rules’ reporting, announcement and annual review requirements but exempt from independent shareholders’ approval, while loans to Wide Sea qualify as financial assistance to the group and are fully exempt from such requirements, underscoring ongoing intra-group financing support and the company’s reliance on connected-party structures within its capital framework.
The most recent analyst rating on (HK:0817) stock is a Buy with a HK$1.70 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
China Jinmao Holdings Group Limited is a Hong Kong–incorporated company primarily engaged in property development and related real estate investment businesses in mainland China, operating through various subsidiaries and joint ventures. Its activities typically involve large-scale urban development projects, often in partnership with strategic and financial investors, reflecting its focus on leveraging capital partnerships within the Chinese property market.
Average Trading Volume: 27,968,185
Technical Sentiment Signal: Sell
Current Market Cap: HK$16.35B
For detailed information about 0817 stock, go to TipRanks’ Stock Analysis page.