Changes in Hong Kong stocks | Jinjie Holdings (03918) fell more than 4% and the Cambodian-Thai border conflict continues to ferment, making the company the largest gaming company in Cambodia

Zhitongcaijing · 2d ago

The Zhitong Finance App learned that Jinjie Holdings (03918) fell by more than 4%. As of press release, it was down 3.97% to HK$4.59, with a turnover of HK$34.566 million.

According to the news, since December 7, fierce clashes broke out again in the Cambodian-Thai border area. On December 16, the Chinese Embassy in Cambodia once again reminded Chinese citizens close to the Cambodian-Thai border to step up security precautions. On December 18, the Ministry of Foreign Affairs's special envoy for Asian affairs will once again go to Cambodia and Thailand to mediate the Cambodian-Thai border conflict.

According to public information, Jinjie Holdings is currently the largest gaming and hotel operator in Cambodia. It is worth noting that Jinjie Holdings recently announced that it terminated the financing agreement with the majority shareholders for the third phase of the Jinjie project and confiscated US$316 million to be included in reserves. Despite signing a mutual termination agreement, it is planned to continue the Naga3 project. The remaining development plans for Naga3 will be evaluated, and other funding channels will be explored if necessary.