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The latest announcement is out from Yuexiu Property Co ( (HK:0123) ).
Yuexiu Property Co. announced the acquisition of a land parcel in the Kangqiao Unit, Gongshu District, Hangzhou for RMB1,330,070,000. This acquisition is part of their strategy to enhance their land bank and consolidate their presence in Hangzhou, a region with significant urban development potential. The land is intended for residential use, with additional community facilities to be constructed, enhancing the area’s infrastructure and appeal.
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
Yuexiu Property Co., incorporated in Hong Kong, operates in the real estate industry, primarily focusing on residential property development. The company is known for its strategic land acquisitions and developments, aiming to strengthen its market position in key urban areas.
Average Trading Volume: 15,789,943
Current Market Cap: HK$21.24B
For detailed information about 0123 stock, go to TipRanks’ Stock Analysis page.