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China Jinmao Holdings Group Limited ( (HK:0817) ) has provided an update.
China Jinmao Holdings Group Limited announced the progress of a significant transaction involving its subsidiary, Beijing Yicheng, which has exercised its Right of First Refusal to acquire assets from Huafu Securities. This transaction, valued at RMB1,323 million, will see Beijing Yicheng acquire subject equity and claims, enhancing China Jinmao’s asset portfolio and potentially strengthening its market position in the real estate sector.
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
China Jinmao Holdings Group Limited is a company incorporated in Hong Kong, primarily engaged in real estate development and investment. The company focuses on urban development and property management, operating within the real estate industry.
Average Trading Volume: 57,403,467
Technical Sentiment Signal: Buy
Current Market Cap: HK$15.13B
See more insights into 0817 stock on TipRanks’ Stock Analysis page.