TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Yuexiu Property Co ( (HK:0123) ) has shared an announcement.
Yuexiu Property Co, a company incorporated in Hong Kong, has announced a connected transaction involving the acquisition of a 50.5% equity interest in a Project Company. This acquisition, valued at approximately RMB404 million, is structured under a Cooperation Agreement with the Seller, who will retain a 49.5% stake. The transaction is considered fair and reasonable by the Board and aligns with the company’s interests, subject to reporting and announcement requirements under Hong Kong’s Listing Rules.
The most recent analyst rating on (HK:0123) stock is a Buy with a HK$5.83 price target. To see the full list of analyst forecasts on Yuexiu Property Co stock, see the HK:0123 Stock Forecast page.
More about Yuexiu Property Co
Average Trading Volume: 15,915,717
Current Market Cap: HK$20.6B
For a thorough assessment of 0123 stock, go to TipRanks’ Stock Analysis page.