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Yuexiu Property Co ( (HK:0123) ) has shared an announcement.
Yuexiu Property Co. has announced the successful acquisition of three land parcels through its subsidiaries in Guangzhou and Chengdu, China. The acquisitions, totaling over RMB4.8 billion, are intended for residential development, enhancing the company’s portfolio in strategic urban areas. These developments are expected to bolster Yuexiu’s market position in the residential real estate sector, offering potential growth opportunities in high-demand regions.
The most recent analyst rating on (HK:0123) stock is a Hold with a HK$5.00 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
Yuexiu Property Co. is a real estate development company based in Hong Kong, focusing on residential property development. The company operates primarily in China, with a significant presence in major cities such as Guangzhou and Chengdu.
Average Trading Volume: 13,492,363
Technical Sentiment Signal: Sell
Current Market Cap: HK$18.68B
See more insights into 0123 stock on TipRanks’ Stock Analysis page.