China Jinmao unit gets approval to issue up to RMB 5 billion medium-term notes

By Wendy Van Sickle

Columbus, Ohio, April 1 – China Jinmao Holdings Group Ltd. said its Shanghai Jinmao Investment Management Group Co., Ltd. has received approval from the National Association of Financial Market Institutional Investors to issue up to RMB 5 billion of medium-term notes, according to a notice.

The registration will be valid for two years.

China Jinmao is a Hong Kong-based investment holding company focused on real estate development in mainland China.

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