Fangzheng Securities: First grants China Jinmao (00817.HK) a "recommended" rating. Sanya hotel split for asset securitization preparations.

Financial news app Zhitong learned that Fangzheng Securities released a research report stating that, for the first time, it covers China Jinmao (00817.HK) and gives it a "buy" rating. With the backing of its parent company, China National Chemical Corporation, China Jinmao has the advantage of financing costs as a central enterprise. As the company acquires more projects in first-tier and core second-tier cities, it may gradually strengthen its sales capabilities with its "full house of gold and jade" product strength.