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Yuexiu Property Co ( (HK:0123) ) has provided an update.
Yuexiu Property’s subsidiary Yuexiu Services has entered into a new 2026 GZ Metro Property Management and Value-Added Services Framework Agreement with substantial shareholder Guangzhou Metro (GZ Metro), under which the Yuexiu Services Group may continue to provide property management and value-added services to GZ Metro and certain of its associates from 1 January 2026 to 31 December 2028, following the expiry of the current framework at the end of 2025. As GZ Metro is a connected person under Hong Kong listing rules, the renewed arrangement constitutes continuing connected transactions; however, because the applicable percentage ratios for the annual caps fall above 0.1% but below 5%, the transactions are subject only to reporting, annual review and announcement requirements and are exempt from independent shareholders’ approval, providing regulatory clarity while securing a multi-year service pipeline from a key shareholder client.
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 Company Limited is a Hong Kong–incorporated property group with a focus on real estate development and related services in mainland China, operating through subsidiaries such as Yuexiu Services to provide property management and value-added services to large institutional and infrastructure-related clients.
Average Trading Volume: 9,599,105
Technical Sentiment Signal: Sell
Current Market Cap: HK$16.03B
Find detailed analytics on 0123 stock on TipRanks’ Stock Analysis page.