Jin Jiang International Hotels Secures SASAC Nod For Hong Kong IPO

MT Newswires Live06-25

Shanghai Jin Jiang International Hotels (SHA:600754, SHA:900934) has secured approval from the Shanghai State-owned Assets Supervision and Administration Commission (SASAC) for its planned initial public offering in Hong Kong.

The hotel chain operator plans to list on the main board of the Hong Kong Stock Exchange, it said in a Shanghai bourse filing on Wednesday.

Under the terms of the approval, the number of H shares to be issued by Jin Jiang International Hotels should not exceed 15% of its overall share capital post-issuance.

The company has also been cleared to exercise an over-allotment of up to 15% of the issued H shares.

Earlier in June, the company said it appointed KPMG as the auditor for its planned Hong Kong IPO.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2546254965?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-25 08:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2546254965","market":"hk","top_or_hot":-1,"title":"Jin Jiang International Hotels Secures SASAC Nod For Hong Kong IPO","media":"MT Newswires Live","content":"<html><body><p> Shanghai Jin Jiang International Hotels (SHA:600754, SHA:900934) has secured approval from the Shanghai State-owned Assets Supervision and Administration Commission (SASAC) for its planned initial public offering in Hong Kong.</p><p>The hotel chain operator plans to list on the main board of the Hong Kong Stock Exchange, it said in a Shanghai bourse filing on Wednesday.</p><p>Under the terms of the approval, the number of H shares to be issued by Jin Jiang International Hotels should not exceed 15% of its overall share capital post-issuance.</p><p>The company has also been cleared to exercise an over-allotment of up to 15% of the issued H shares.</p><p>Earlier in June, the company said it appointed KPMG as the auditor for its planned Hong Kong IPO.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jin Jiang International Hotels Secures SASAC Nod For Hong Kong IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJin Jiang International Hotels Secures SASAC Nod For Hong Kong IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-06-25 08:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Shanghai Jin Jiang International Hotels (SHA:600754, SHA:900934) has secured approval from the Shanghai State-owned Assets Supervision and Administration Commission (SASAC) for its planned initial public offering in Hong Kong.</p><p>The hotel chain operator plans to list on the main board of the Hong Kong Stock Exchange, it said in a Shanghai bourse filing on Wednesday.</p><p>Under the terms of the approval, the number of H shares to be issued by Jin Jiang International Hotels should not exceed 15% of its overall share capital post-issuance.</p><p>The company has also been cleared to exercise an over-allotment of up to 15% of the issued H shares.</p><p>Earlier in June, the company said it appointed KPMG as the auditor for its planned Hong Kong IPO.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0028","symbol_name":"国家队","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2546254965","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546254965","pubTimestamp":1750810701,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Shanghai Jin Jiang International Hotels  has secured approval from the Shanghai State-owned Assets Supervision and Administration Commission  for its planned initial public offering in Hong Kong.The hotel chain operator plans to list on the main board of the Hong Kong Stock Exchange, it said in a Shanghai bourse filing on Wednesday.Under the terms of the approval, the number of H shares to be issued by Jin Jiang International Hotels should not exceed 15% of its overall share capital post-issuance.The company has also been cleared to exercise an over-allotment of up to 15% of the issued H shares.Earlier in June, the company said it appointed KPMG as the auditor for its planned Hong Kong IPO.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"600754":"锦江酒店","BK0028":"国家队","BK0020":"浦东新区","BK0185":"二线龙头","LU1997245177.USD":"安联神洲A股基金","BK0246":"住宿","BK0012":"证金概念","BK0196":"行业龙头","LU1997245094.SGD":"安联神州A股基金AT Acc SGD","BK0053":"迪士尼","BK0184":"上海国资改革"},"translate_title":"锦江国际酒店香港IPO获国资委批准","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600754":0.9},"content_text":"Shanghai Jin Jiang International Hotels (SHA:600754, SHA:900934) has secured approval from the Shanghai State-owned Assets Supervision and Administration Commission (SASAC) for its planned initial public offering in Hong Kong.The hotel chain operator plans to list on the main board of the Hong Kong Stock Exchange, it said in a Shanghai bourse filing on Wednesday.Under the terms of the approval, the number of H shares to be issued by Jin Jiang International Hotels should not exceed 15% of its overall share capital post-issuance.The company has also been cleared to exercise an over-allotment of up to 15% of the issued H shares.Earlier in June, the company said it appointed KPMG as the auditor for its planned Hong Kong IPO.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2546254965","isCrawlerRequest":true}