Movement Alert｜China Jinmao Rises 5.39% in Regular Trading, Annual Results Steady with Optimized Financial Structure

On May 26, China Jinmao rose 5.39% in regular trading, trading at HK$1.76/share, with trading volume of approximately HK$53.70 million.

On the news front, the company recently released its annual performance report, reporting full-year revenue of approximately RMB 59.55 billion, up about 1% year-over-year. The company remains deeply focused on tier-one and tier-two core cities, with 88% of contracted sales contributed by high-energy-level cities, and Beijing alone exceeding RMB 20 billion in full-year contracted sales.

On the financing side, the average financing cost remained at 4.3%, an industry-low level. The company maintained full green status under the three red lines policy, reduced its foreign currency debt ratio to 29%, and extended its average debt maturity to 5.62 years, indicating continued optimization of its financial structure. Management expressed confidence in future development at the results conference, highlighting product quality as a core competitive advantage.

Within the Real Estate Development sector, China Jinmao outperformed peers. Among sector constituents, China Resources Land up 1.78%, China Overseas down 0.57%, Radiance Holdings down 5.35%, Henderson Land down 1.73%, CK Asset down 2.05%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)