The Zhitong Finance App learned that China's Jinmao (00817) rose more than 9%. As of press release, it had risen 8.42% to HK$1.48, with a turnover of HK$97.102 million.

According to the news, on August 11, China's Jinmao announced that for the seven months ended July 31, 2026, the Group has obtained a total contract sales amount of RMB 66.702 billion (including (if any) the transaction amount of the Changsha Meixi Lake International New Town Project, Nanjing Qinglongshan International Ecological New City Project, Ningbo Life Science City Project, Jiaxing Shanghai Window Smart Science City Project, Zhengzhou Erqi District Mazhai New Town Project, Wenzhou Aojiang International New Town Project, Jinhua Jinmao Future Science City Project, and Shanghai Hengyi City Operation Project), an increase of 7.9% year-on-year and cumulative The contract sold a construction area of 2,554,000 square meters.

Citi previously pointed out that China's Jinmao, as the main beneficiary of sales recovery in core cities, has market-proven advantages in the high-end product sector; after recording an 8% year-on-year increase in sales in the first half of 2026, sales growth will accelerate in the third quarter, supported by more new listings and low base effects in September; and under a stable balance sheet and low financing costs, it has the ability to accelerate land reserves in the second half of 2026.

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