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Yuexiu Property Co Renews and Expands Bank Deposits Agreement with CHB Group

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Yuexiu Property Co Renews and Expands Bank Deposits Agreement with CHB Group

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Yuexiu Property Co ( (HK:0123) ) just unveiled an update.

Yuexiu Property Co, a company incorporated in Hong Kong, has entered into a new agreement with the CHB Group to renew and expand its existing bank deposits arrangements. The 2026 Bank Deposits And Ancillary Services Agreement, effective from January 1, 2026, to December 31, 2028, will allow the company to maintain bank deposits and receive ancillary services from CHB Group, subject to shareholder approval. This agreement is significant as it constitutes continuing connected transactions due to CHB being a subsidiary of YXE, the controlling shareholder. The agreement will require compliance with reporting and approval requirements under the Hong Kong Stock Exchange’s Listing Rules.

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

Average Trading Volume: 12,554,153

Technical Sentiment Signal: Sell

Current Market Cap: HK$18.84B

See more data about 0123 stock on TipRanks’ Stock Analysis page.

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