CG:601828 Red Star Macalline Group Corp Ltd - A

Red Star Macalline Group Corporation Ltd. operates and manages home improvement and furnishings shopping malls. The company operates its shopping malls under the Red Star Macalline brand name. As of December 31, 2019, it operated a network of 337 shopping malls, including 87 portfolio shopping malls with a total operating area of 7,736,844 square meters (sq.m.); and 250 managed shopping malls with a total operating area of 13,250,106 sq.m. offering approximately 27,000 brands across 212 cities in 29 provinces, municipalities, and autonomous regions in the People's Republic of China, as well as 12 home furnishing shopping malls. The company also engages in the leasing of floor areas to the tenants; retail sale of home furnishing merchandise, as well as provision of related decorating services; and sale of pre-paid cards. In addition, it offers Internet home decoration, Internet retail, and logistics and delivery services; joint marketing; and shopping mall design, construction, consultation, and home design and decoration services, as well as construction site coordination and supervision services. Further, the company provides site leasing management, warehouse logistics, asset and investment management, exhibition, financing, equipment leasing, and enterprise management services. The company was formerly known as Shanghai Red Star Macalline Home Living and Decorating Company Limited and changed its name to Red Star Macalline Group Corporation Ltd. in 2011. The company was founded in 2007 and is headquartered in Shanghai, the People's Republic of China. Red Star Macalline Group Corporation Ltd. is a subsidiary of Red Star Macalline Holding Group Company Limited.

8.57 CNY
As of 01/27/2022

Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Emerging markets
GICS sector:  Real Estate
Industry:  Real Estate Services
Index country:  China
Country of incorporation:  China
IPO date:  01/17/2018
Stock exchange:    Shanghai Stock Exchange
Exchange country:   China
Market cap:   33,796,454,400 CNY
Current dividend yield:   2.53%

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