UOB Kay Hian Raises YUEXIU PROPERTY TP to HKD4.8 on Asset and Business Disposal to Improve Financial Structure

AASTOCKS News
2026.05.07 08:28
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UOB Kay Hian has raised the target price for YUEXIU PROPERTYto HKD4.8, a 14.3% increase, following the company's major transaction to dispose of four assets and one business for RMB4.691 billion. This move is expected to generate a net gain of RMB108 million and a cash inflow of RMB4.66 billion, optimizing its investment portfolio. The broker maintains a Buy rating, citing recent policy support and improvements in the company's financial structure.