Poly Unit, Shanghai Huicheng Form RMB 2.5 Billion Joint Venture
Shanghai Baolehui Enterprise Development Co. , Ltd. was recently established with Wu Jinsong as its legal representative and RMB 2.5 billion in registered capital. The company's business scope covers enterprise management, hotel management, commercial complex management, engineering management, non-residential real estate leasing, and property management.
The company is jointly held by Shanghai Poly City Development Co. , a wholly-owned subsidiary of Poly Development, and Shanghai Huicheng Real Estate Operation Co.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Commercial Property Development, with intensity 30/100 and 60% confidence over a short term horizon.
Commercial Property Development
- Direction
- positive
- Intensity
- 30
- Confidence
- 60%
- Horizon
- Short term
Property Management
- Direction
- positive
- Intensity
- 20
- Confidence
- 50%
- Horizon
- Short term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.