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China Jinmao Holdings Group Limited ( (HK:0817) ) has shared an announcement.
China Jinmao Holdings Group Limited, through its indirect wholly-owned subsidiary Beijing Yicheng, has entered into agreements with Poly Real Estate for capital increases in two companies, Beijing Chaoxin and Beijing Manmao. As a result of these transactions, Beijing Yicheng will hold 30% equity in Beijing Chaoxin and 70% in Beijing Manmao, while Poly Real Estate will hold the remaining stakes in each. These transactions are considered discloseable under Hong Kong’s Listing Rules, indicating a strategic reallocation of equity interests that could impact the company’s financial structure and market positioning.
The most recent analyst rating on (HK:0817) stock is a Buy with a HK$1.75 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: 56,678,019
Technical Sentiment Signal: Buy
Current Market Cap: HK$21.2B
For a thorough assessment of 0817 stock, go to TipRanks’ Stock Analysis page.