China Merchants Commercial Real Estate Investment Trust is a Hong Kong collective investment scheme authorized under section 104 of the Securities and Futures Ordinance. (Chapter 571 of the Laws of Hong Kong) and its units are listed on the Main Board of the Stock Exchange of Hong Kong Limited. China Merchants Commercial REIT is governed by the deed of trust dated 15 November 2019, as amended from time to time (the Trust Deed), entered into between China Merchants Land Assets Management Co., Limited (the Manager) and DB Trustees (Hong Kong) Limited (the Trustee), and the Code on Real Estate Investment Trusts issued by the Securities and Futures Commission of Hong Kong. The principal activity of China Merchants Commercial REIT is investment holding and its subsidiaries own and invest in income-producing commercial properties in Shenzhen and Beijing with the objective of producing stable and sustainable distributions to unitholders and to achieve long term growth in the net asset value per unit. The address of the registered office of the Manager and the Trustee, 22/F, 308 Central Des Voeux, No. 308 Des Voeux Road Central, Sheung Wan, Hong Kong and DB Trustees (Hong Kong) Limited Level 60, International Commerce Centre, 1 Austin Road West, Kowloon, Hong Kong. China Merchants Commercial Real Estate Investment Trust was established on November 15, 2019 and incorporated in Hong Kong.
Frequently asked questions
What sector does China Merchants Commercial Reit (1503) operate in?
China Merchants Commercial Reit belongs to the Real Estate sector and operates in the REIT - Office industry.
What is China Merchants Commercial Reit (1503) current stock price?
As of the latest data, China Merchants Commercial Reit stock price is HK$1.00, with a previous close of HK$1.00.
What is China Merchants Commercial Reit (1503) current market capitalization?
China Merchants Commercial Reit market cap is approximately 1.13 billion.
What is China Merchants Commercial Reit (1503) EBITDA?
China Merchants Commercial Reit EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is -34.18 million.
Does China Merchants Commercial Reit (1503) pay dividends?
Yes. China Merchants Commercial Reit pays semiannual dividends with an annualized yield of 8.14% and an estimated annual payout of HK$0.08 per share.
When is the next ex-dividend date for China Merchants Commercial Reit (1503)?
The next ex-dividend date is scheduled for September 04, 2026.
What is China Merchants Commercial Reit (1503) beta (volatility) score?
China Merchants Commercial Reit has a beta of 0.728, indicating lower volatility than the overall market.