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China Overseas Land & Investment ( (HK:0688) ) just unveiled an announcement.
China Overseas Land & Investment has entered into a New Framework Agreement with COPL Group for the acquisition of rights-of-use of car parking spaces. This agreement, effective from January 1, 2026, to December 31, 2028, involves transactions that are considered continuing connected transactions under Hong Kong’s Listing Rules. The agreement will be subject to annual review and reporting requirements, but it is exempt from independent shareholders’ approval due to the applicable percentage ratios.
The most recent analyst rating on (HK:0688) stock is a Hold with a HK$15.00 price target. To see the full list of analyst forecasts on China Overseas Land & Investment stock, see the HK:0688 Stock Forecast page.
More about China Overseas Land & Investment
China Overseas Land & Investment is a company involved in property development and management, focusing on building, developing, and owning properties. The company operates in the real estate industry, providing services related to property management and development.
Average Trading Volume: 19,998,539
Technical Sentiment Signal: Buy
Current Market Cap: HK$153.9B
For an in-depth examination of 0688 stock, go to TipRanks’ Overview page.