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
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