China Jinmao Holdings Group Limited (HK:0817) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
China Jinmao Holdings Group Limited has announced a significant discount acquisition of a 10.43% equity stake in Jinan Lumao. The transaction, valued at approximately RMB37.93 million, represents a 38.1% discount from the reference value. This move is part of Jinmao’s strategic efforts to strengthen its investment portfolio.
For further insights into HK:0817 stock, check out TipRanks’ Stock Analysis page.