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The Bamboo Works

DARK SECRETS: Jinmao services becomes latest property manager to split from parent | Vintage Vibes

China Hong Kong Ken Lo

Key takeaways:

Jinmao Services has launched a Hong Kong IPO to raise $106 million, with plans to use the funds for acquisitions
The company is the latest property manager to split off from its development-oriented parent, capitalizing on China’s housing boom of the last two decades

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