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Article: JIN JIANG INTERNATIONAL HOTEL TO LIST IN DEC.

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AsiaInfo Services
Article date:
November 24, 2006
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AsiaInfo Services
11-24-2006
Jin Jiang International Hotel to List in Dec.

BEIJING, Nov 24, 2006 (SinoCast via COMTEX) -- Jin Jiang International Hotel Management Co., Ltd., which was permitted to issue 1.1 billion shares, plans to list on the Stock Exchange of Hong Kong (SEHK) in the middle of December.

According to the prediction, the company will have a net profit of CNY 303 million in 2006, decreasing 3.2. It will raise USD 300 million to mainly back its expansion of Jin Jiang Inn.

Earlier, a relevant person from Jin Jiang Inn, an economic hotel chain under Jin Jiang International Hotel, had revealed that the assets for ...

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