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China Jinmao Holdings Group Limited: Update following rating downgrade

Our credit view of China Jinmao reflects its track record of developing landmark and integrated projects and parental support, against its weak credit metrics in a volatile market.

China Jinmao Holdings Group Limited: Update following rating action

Our credit view of this issuer reflects its solid track record of residential property market and stable rental income; and solid access to funding, offset by modest credit metrics

China Jinmao Holdings Group Limited: Update following rating action

Our credit view of China Jinmao reflects the high uncertainties over its ability to recover its profit margins and weakened credit metrics amid uncertain recovery prospects for the sector.

China Jinmao Holdings Group Limited: Update to credit analysis

Our credit view of China Jinmao reflects its solid record of developing landmark projects; and its solid access to funding, offset by its volatility from primary land development segment.

China Jinmao Holdings Group Limited: Update to credit analysis

Our credit view of China Jinmao, reflecting its portfolio of investment properties, solid record of project development and adequate liquidity, tempered by increasing debt leverage.

China Jinmao Holdings Group Limited: Proposed share issuance is credit...

Placement will enhance liquidity and enable the company to control its leverage.

China Jinmao Holdings Group Limited: Update to credit analysis

Our credit view of China Jinmao, reflecting its portfolio of investment properties, solid track record of project development and adequate liquidity, tempered by increasing debt leverage.

Moody's announces completion of a periodic review of ratings of China ...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of China Jinmao Holdings Group Limited. Global Credit Research- 23 May 2019. Hong Kong, May 23, 2019-- Moody's Investors Service has completed a periodic review of the ratings of China Jinmao Holdings Group Limited and other ratings that are associated with the same analytical unit.

China Jinmao Holdings Group Limited: Credit metrics weak in first-half...

Credit metrics improvement will be by way of accelerated revenue recognition, moderate land acquisition and prudently manage debt growth

China Jinmao Holdings Group Limited: Update to credit analysis

Our credit view of China Jinmao, reflecting its quality investment properties and solid track record of project developments and adequate liquidity, but tempered by increasing debt leverage.

China Jinmao Holdings Group Limited: Weak 2017 credit metrics should i...

We expect China Jinmao's credit metrics will gradually improve over the next 12-18 months as the company will proactively manage its debt and accelerate revenue recognition

China Jinmao Holdings Group Limited: China Jinmao's share placement is...

Share placement proceeds of around HKD3.3 billion will improve capital structure and provide liquidity to fund land acquisitions and construction for one to two years.

Moody's: China Jinmao's proposed share placement will improve its capi...

Moody's Investors Service says that China Jinmao Holdings Group Limited's proposed share placement -- if it goes ahead -- is credit positive, but will not impact the company's Baa3 issuer rating or the stable rating outlook. On 15 January 2018, China Jinmao announced that it had...

Please Change Name Kaven Tsang
  • Please Change Name Kaven Tsang

Moody's: China Jinmao's ratings unaffected by proposed hybrid issuance

Announcement: Moody's: China Jinmao's ratings unaffected by proposed hybrid issuance. Global Credit Research- 30 Oct 2017. Hong Kong, October 30, 2017-- Moody's Investors Service says that China Jinmao Holdings Group Limited's Baa3 issuer rating is unaffected by the its proposed issuance of USD subordinated perpetual capital securities by Franshion Brilliant Limited and guaranteed by China Jinmao.

Please Change Name Cindy Yang
  • Please Change Name Cindy Yang

China Jinmao Holdings Group Limited: Update of Credit Opinion

CORPORATES CREDIT OPINION 4 September 2017 Update RATINGS China Jinmao Holdings Group Limited Domicile Hong Kong Long Term Rating Baa3 Type LT Issuer Rating - Fgn Curr Outlook Stable Please see the  ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Kaven Tsang, CFA 852-3758-1304

Please Change Name Kaven Tsang
  • Please Change Name Kaven Tsang

Moody's: China Jinmao's ratings unchanged following tap securities iss...

Announcement: Moody's: China Jinmao's ratings unchanged following tap securities issuance. Global Credit Research- 24 Aug 2017. Hong Kong, August 24, 2017-- Moody's Investors Service says that China Jinmao Holdings Group Limited's Baa3 issuer rating and Franshion Brilliant Limited's Baa3 senior unsecured rating are unaffected by the company's announcement of a tap offering on its existing USD300 million 4% senior guaranteed perpetual capital securities.

Please Change Name Kaven Tsang
  • Please Change Name Kaven Tsang

Moody's: China Jinmao's high leverage reduces rating headroom

Announcement: Moody's: China Jinmao's high leverage reduces rating headroom. Global Credit Research- 11 Aug 2017. Hong Kong, August 11, 2017-- Moody's Investors Service says that China Jinmao Holdings Group Limited's rising leverage during 1 H 2017 reduces its rating headroom.

Please Change Name Kaven Tsang
  • Please Change Name Kaven Tsang

Moody's assigns Baa3 to China Jinmao's guaranteed senior perpetual sec...

Rating Action: Moody's assigns Baa3 to China Jinmao's guaranteed senior perpetual securities. Global Credit Research- 21 Jun 2017. Hong Kong, June 21, 2017-- Moody's Investors Service has assigned a Baa3 senior unsecured rating to the proposed USD senior perpetual capital securities to be issued by Franshion Brilliant Limited and guaranteed by China Jinmao Holdings Group Limited.

Please Change Name Kai Yin Tsang
  • Please Change Name Kai Yin Tsang

Moody's assigns Baa3 to China Jinmao's guaranteed senior perpetual sec...

曾启贤 副总裁 - 高级信用评级主任 企业融资部 Moody's Investors Service Hong Kong Ltd. 中国香港特别行政区 金钟道 88 号 太古广场一期 24 楼 联系电话 (记者) : 852-3758-1350 联系电话 (客户) : 852-3551-3077 刘长浩 董事总经理 – 企业融资 企业融资部 Moody's Investors Service Hong Kong Ltd. 中国香港特别行政区 金钟道 88 号 太古广场一期 24 楼 联系电话 (记者) : 852-3758-1350 联系电话 (客户) : 852-...

Please Change Name Kaven Tsang
  • Please Change Name Kaven Tsang

Moody's assigns Baa3 to China Jinmao's guaranteed senior perpetual sec...

Rating Action: Moody's assigns Baa3 to China Jinmao's guaranteed senior perpetual securities. Global Credit Research- 21 Jun 2017. Hong Kong, June 21, 2017-- Moody's Investors Service has assigned a Baa3 senior unsecured rating to the proposed USD senior perpetual capital securities to be issued by Franshion Brilliant Limited and guaranteed by China Jinmao Holdings Group Limited.

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