Financial Street Property Wins Unanimous Minority Backing for 2026 Leasing Framework at EGM

The latest update is out from Financial Street Property Co. Limited Class H ( (HK:1502) ).

Financial Street Property Co., Limited, a Hong Kong-listed mainland Chinese property services company backed by controlling shareholder Huarong Comprehensive under Finance Street Group, operates with a mixed shareholding structure of H shares and domestic shares, reflecting both onshore and offshore investor participation. The company convened an extraordinary general meeting on 29 December 2025 in Beijing, where shareholders, excluding the abstaining controlling shareholder, unanimously approved by poll the 2026 Leasing Framework Agreement and its annual caps for the three financial years to 31 December 2028, authorising directors to execute all necessary documents and actions for its implementation; the validly convened meeting and clean 100% support from eligible voters underscore strong minority shareholder backing for the company’s related-party leasing arrangements and provide regulatory certainty for its leasing operations over the medium term.

The most recent analyst rating on (HK:1502) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Financial Street Property Co. Limited Class H stock, see the HK:1502 Stock Forecast page.

More about Financial Street Property Co. Limited Class H

Financial Street Property Co., Limited is a PRC-incorporated property services company listed in Hong Kong, with a share capital comprising H shares and domestic shares. Its controlling shareholder is Huarong Comprehensive, a wholly owned subsidiary of Finance Street Group, which holds a significant domestic share stake but is subject to related-party voting restrictions on certain transactions.

Average Trading Volume: 312,672

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$743.3M

See more data about 1502 stock on TipRanks’ Stock Analysis page.