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China Jinmao Holdings Group Limited ( (HK:0817) ) just unveiled an update.
China Jinmao Holdings Group Limited has announced amendments to its Sinochem Financial Services Framework Agreement, extending the term to December 31, 2026. The new Supplemental Agreement II introduces secured loan services, requiring asset security in accordance with regulatory policies. This move, subject to shareholder approval, aims to enhance financial flexibility and strengthen the company’s financial service offerings, positioning it strategically within the industry.
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
China Jinmao Holdings Group Limited is a company incorporated in Hong Kong, operating within the financial services industry. The company primarily engages in providing financial services such as deposits and loans, leveraging its relationship with Sinochem Finance, a connected entity.
Average Trading Volume: 57,118,843
Technical Sentiment Signal: Buy
Current Market Cap: HK$19.99B
Learn more about 0817 stock on TipRanks’ Stock Analysis page.