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The latest announcement is out from Yuexiu Property Co ( (HK:0123) ).
Yuexiu Property reported unaudited contracted sales in March 2026 of about RMB10.1 billion, down 43.9% year on year by value, while gross floor area sold grew 8.5% to roughly 376,000 square meters. For the first quarter, contracted sales totalled around RMB17.21 billion, a 44.2% decline from a year earlier, with corresponding floor area falling 10.4% to about 623,000 square meters, indicating continued pricing and demand pressure in its core markets.
Despite weaker sales metrics, the company continued to invest in its land bank, acquiring a 96,903-square-meter residential land parcel in Chengdu’s Cuijiadian area via auction through a 95.475%-owned subsidiary. The land premium attributable to Yuexiu Property’s effective equity interest was approximately RMB989 million, signalling a strategic bet on future housing demand in Chengdu and a commitment to strengthening its pipeline of residential projects.
The most recent analyst rating on (HK:0123) stock is a Buy with a HK$5.23 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 Company Limited is a Hong Kong–incorporated real estate developer focused on residential and mixed-use projects in mainland China. The group operates through wholly owned subsidiaries, joint ventures and associates, with a notable presence in major urban markets such as Chengdu, targeting land parcels suitable for large-scale housing developments.
Average Trading Volume: 11,625,457
Technical Sentiment Signal: Sell
Current Market Cap: HK$14.95B
Find detailed analytics on 0123 stock on TipRanks’ Stock Analysis page.