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China Overseas Grand Oceans Group Limited ( (HK:0081) ) has issued an update.
China Overseas Grand Oceans Group Limited has renewed its framework agreement with Huayi Design Consultants Limited, a wholly owned subsidiary of China Overseas Land & Investment Limited, to continue sourcing design services for its property development projects from 1 January 2026 to 31 December 2028 through competitive tenders. As Huayi Design is a connected person due to COLI’s roughly 39.63% stake in the company, the renewed arrangement constitutes continuing connected transactions under Hong Kong listing rules, triggering reporting, announcement and annual review requirements but remaining exempt from circular and independent shareholder approval, thereby formalising an ongoing operational relationship while keeping compliance obligations relatively light.
The most recent analyst rating on (HK:0081) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on China Overseas Grand Oceans Group Limited stock, see the HK:0081 Stock Forecast page.
More about China Overseas Grand Oceans Group Limited
China Overseas Grand Oceans Group Limited is a Hong Kong-incorporated property developer focused on residential and mixed-use real estate projects. The group undertakes property development projects that require a range of professional design and consultancy services sourced through competitive tendering procedures.
Average Trading Volume: 8,838,963
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$6.94B
For detailed information about 0081 stock, go to TipRanks’ Stock Analysis page.