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OCT Asia Renews Connected Property Management Deal for Hefei Project

Story Highlights
  • OCT Asia signed a new three-year framework for property management at Hefei OCT International Town.
  • The connected transaction falls under Hong Kong rules, requiring disclosure but no shareholder vote.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OCT Asia Renews Connected Property Management Deal for Hefei Project

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An update from Overseas Chinese Town (Asia) Holdings Limited ( (HK:3366) ) is now available.

Overseas Chinese Town (Asia) Holdings has entered into a new three-year framework agreement with the Hefei branch of OCT Property (Group) to provide a full suite of property management services for the Hefei OCT International Town Project from 2026 to 2028, replacing an existing agreement that expires at the end of 2025. The deal, covering maintenance, operations, security, cleaning, landscaping, and management of sales and delivery areas, is classified as a continuing connected transaction under Hong Kong listing rules; because its size ratios fall between 0.1% and 5%, it will require reporting, announcement and annual review but is exempt from independent shareholders’ approval, signaling ongoing intra-group cooperation while maintaining regulatory oversight for minority investors.

The most recent analyst rating on (HK:3366) stock is a Hold with a HK$0.30 price target. To see the full list of analyst forecasts on Overseas Chinese Town (Asia) Holdings Limited stock, see the HK:3366 Stock Forecast page.

More about Overseas Chinese Town (Asia) Holdings Limited

Overseas Chinese Town (Asia) Holdings Limited is a Hong Kong-listed company engaged in property-related businesses, including the development and operation of large-scale projects such as Hefei OCT International Town in mainland China. Through its subsidiaries, it focuses on integrated urban development, commercial and office properties, and associated property management services in key Chinese cities.

Average Trading Volume: 1,231,000

Technical Sentiment Signal: Hold

Current Market Cap: HK$213.3M

See more data about 3366 stock on TipRanks’ Stock Analysis page.

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