1 Followers HKEX:817 - China Jinmao Holdings Group Ltd China Jinmao Holdings Group Lt
Sector: Real Estate, Industry: Real Estate Development
Next Earnings: 27 Aug 2024
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HKD 0.56    -0.01 (-1.75%)

28 Mar 2024


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General

Headquarters: HK

Description

China Jinmao, formerly known as Franshion Properties, is a mid-cap real estate developer in China, and listed on the Hong Kong stock exchange in 2007. As the real estate arm of Sinochem, a leading government-controlled chemical-producing conglomerate, China Jinmao focuses on the development of high-end residential projects in higher-tier cities of China with premium pricing. It also engages in a unique city operation model, in which it has opportunities to participate in large-scale primary and secondary land development through specific agreements with local government. Under the mixed ownership reform initiative, China Jinmao brought in Ping An as a long-term financial investor and as the second largest shareholder.

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