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The latest update is out from Powerlong Real Estate Holdings Ltd. ( (HK:1238) ).
Powerlong Real Estate Holdings has agreed to sell 100% of the equity in a project-holding subsidiary, referred to as the Target Company, to Lianshang No.1, an entity ultimately owned by independent third parties Lishui Lianjia and Tianjin Yuanjian. The deal, executed via a Cooperation Agreement on 23 December 2025, constitutes a very substantial disposal under Hong Kong listing rules, meaning the Target Company will cease to be a subsidiary upon completion and the transaction will require shareholder approval at an extraordinary general meeting. The company plans to issue a circular with full details of the transaction by 23 February 2026, signaling a significant portfolio reshaping that could impact its asset mix and capital allocation strategy.
The most recent analyst rating on (HK:1238) stock is a Sell with a HK$0.23 price target. To see the full list of analyst forecasts on Powerlong Real Estate Holdings Ltd. stock, see the HK:1238 Stock Forecast page.
More about Powerlong Real Estate Holdings Ltd.
Powerlong Real Estate Holdings Limited is a Hong Kong-listed property developer incorporated in the Cayman Islands, operating primarily through subsidiaries in mainland China. The group focuses on real estate development and related projects, with its assets held through various project companies across different regions.
Average Trading Volume: 1,396,133
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.02B
For a thorough assessment of 1238 stock, go to TipRanks’ Stock Analysis page.