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Shimao Group Holdings, formerly Shimao Property, is a large real estate developer in China with contract sales of CNY 260 billion in 2019, returning it to the top 10 in the league table. Property development, property investment, and hotels account for 94%, 2%, and 1% of total earnings, respectively. Shimao holds residential development projects and hotel, while its 59%-owned Shanghai Shimao holds commercial projects. The two entities collaborate on large mixed-use projects. The free float is 33%, with the company’s founder, Hui Wing Mau, holding the remaining stake.
Hong Kong, Cayman Islands