Yuexiu Property Signs New Connected-Party Lease Framework with Controlling Shareholder

The latest update is out from Yuexiu Property Co ( (HK:0123) ).

Yuexiu Property Co has entered into a Lease Framework Agreement with its ultimate controlling shareholder Guangzhou Yuexiu (GZYX), under which the group may lease properties in Yuexiu Financial Tower and other designated assets from GZYX entities between 1 January 2026 and 31 December 2028, subject to agreed annual caps and commercial terms. The board, including independent non-executive directors, considers the agreement to be on normal commercial terms and in the ordinary course of business, and the transaction will be treated as a continuing connected transaction under Hong Kong listing rules, triggering reporting, annual review and announcement obligations but not requiring independent shareholder approval; the arrangement formalises existing leases post-acquisition and is intended to provide regulatory compliance and operational continuity for Yuexiu Property’s core office-leasing operations.

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 Hong Kong-incorporated property developer and operator focused on commercial and mixed-use real estate, including landmark assets such as the Yuexiu Financial Tower in Guangzhou. The group’s activities encompass leasing and managing office and commercial properties, serving corporate and institutional tenants in key mainland Chinese urban markets.

Average Trading Volume: 9,649,608

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$16.27B

For a thorough assessment of 0123 stock, go to TipRanks’ Stock Analysis page.