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Poly Property Services Co., Ltd. Class H ( (HK:6049) ) just unveiled an announcement.
Poly Property Services Co., Ltd. has announced a new 2026-2028 Deposit Service Framework Agreement with Poly Finance, effective from January 1, 2026, to December 31, 2028. This agreement, which caps the maximum daily balance of deposits at RMB2,030.0 million, is considered a continuing connected transaction under the Hong Kong Listing Rules. The agreement requires independent shareholders’ approval at an Extraordinary General Meeting (EGM) scheduled for December 30, 2025, with China Poly Group abstaining from voting due to its controlling interest. This strategic financial arrangement is expected to enhance the company’s operational efficiency and strengthen its industry positioning.
The most recent analyst rating on (HK:6049) stock is a Hold with a HK$37.00 price target. To see the full list of analyst forecasts on Poly Property Services Co., Ltd. Class H stock, see the HK:6049 Stock Forecast page.
More about Poly Property Services Co., Ltd. Class H
Poly Property Services Co., Ltd., a joint stock company incorporated in the People’s Republic of China, operates within the property services industry. The company is primarily involved in providing a range of property management services, with a significant market focus on leveraging financial agreements to optimize their operations.
Average Trading Volume: 986,634
Technical Sentiment Signal: Buy
Current Market Cap: HK$20.07B
See more insights into 6049 stock on TipRanks’ Stock Analysis page.