News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research> UOB Kay Hian Raises YUEXIU PROPERTY (00123.HK) TP to HKD4.8 on Asset and Business Disposal to Improve Financial Structure
UOB Kay Hian said in a research report that YUEXIU PROPERTY (00123.HK) has entered into a major and connected transaction to dispose of four assets and one business at a total cons...
Reset
Send
The window will close in 5 seconds
<Research> UOB Kay Hian Raises YUEXIU PROPERTY (00123.HK) TP to HKD4.8 on Asset and Business Disposal to Improve Financial Structure
Close
Recommend
8
Positive
13
Negative
11
 
 

UOB Kay Hian said in a research report that YUEXIU PROPERTY (00123.HK)  +0.170 (+3.890%)    Short selling $13.17M; Ratio 25.309%   has entered into a major and connected transaction to dispose of four assets and one business at a total consideration of RMB4.691 billion. The transaction is expected to generate a net gain of RMB108 million and a net cash inflow of RMB4.66 billion. Management indicated that the asset disposals will optimize its investment portfolio, with all proceeds to be reinvested into residential land acquisitions and operations.

The broker raised its TP for YUEXIU PROPERTY to HKD4.8, up 14.3%, to reflect recent policy support and improvements in its financial structure, and maintained a Buy rating. (hc/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-29 16:25.)

Related News CICC: Bullish on CN Home Sector on Improving Fundamentals and Policy Tailwinds

Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.