Summary by Futu AI
CHINA JINMAO HOLDINGS GROUP LIMITED (STOCK CODE: 00817) HAS COMPLETED THE SPLIT AND INDEPENDENT LISTING OF ITS FLAGSHIP HUA XIA JINMAO MALL CLOSED INFRASTRUCTURE INVESTMENT FUND (REIT). THE REIT IS TRADED ON THE SHANGHAI STOCK EXCHANGE (FUND CODE: 508017.SH) FROM MARCH 12, 2024. After this split, Jinmao of China is expected to receive a net payment of approximately RMB267.3 million. The listing of the REIT will help China Jinmao revitalize its stock assets, enhance asset management capabilities, and support the upgrade of the company's business.