0817.HK in “China Turns Savers Into Shareholders”
China Jinmao Holdings Group Limited
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Even with state backing, Jinmao faces slower residential sales and weaker returns on land if household capital increasingly favors securities over new apartments.
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Full story
China Turns Savers Into Shareholders
Policy is trying to redirect household wealth from deposits and apartments into equities.
BEAR side — Even with state backing, Jinmao faces slower residential sales and weaker returns on land if household capital increasingly favors securities over new apartments.
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