The Zhitong Finance App learned that China's Jinmao (00817) rose more than 10% in the afternoon. As of press release, it had risen 9.7% to HK$1.64, with a turnover of HK$183 million.

According to the news, China's Jinmao mid-term financial report shows that in the first half of the year, the company increased its debt reduction efforts, with interest-bearing debt reduced by 6.2 billion yuan compared to the end of 2025; the share of debt maturing within one year was 20.8%, the share of foreign currency debt fell from 20% to 18%, the share of low-cost development loans and operating loans increased to 56.2%, and the debt structure was further optimized. During the reporting period, the average interest rate of China's Jinmao domestic and foreign interest-bearing debt fell to 2.89%, down 29 basis points from the end of 2025. The average cost of new domestic and foreign financing in the first half of the year was only 2.87%.

Management said that the company did not use bank credit of about 70 billion yuan, and overseas club loans granted more than 6 billion yuan of credit. The reduction in debt scale, reduction in financing costs, and smooth financing channels have provided sufficient financial support for China's Jinmao to maintain stable operations and continue to obtain high-quality projects in core cities.

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