China Jinmao (00817.HK) announced that its wholly-owned subsidiary, Hefei Fengmao, will increase its capital by RMB 303 million through public listing and acquire a 51% stake in Nanjing Jia Tai. The latter holds a land of about 16,700 square meters in Gulou District, Nanjing, Jiangsu Province, which will be developed into a residential project for sale and is expected to be completed in December 2025.
中國金茂(00817.HK)逾3億人民幣參股南京鼓樓區住宅項目51%
China Jinmao (00817.HK) will invest over 300 million yuan for a 51% stake in a residential project in Gulou District, Nanjing.
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