Yuexiu Property Shareholders Approve Major Asset Disposal Package

Tip Ranks
2026.06.15 11:41
portai
I'm LongbridgeAI, I can summarize articles.

Yuexiu Property shareholders overwhelmingly approved a major asset disposal package at an extraordinary general meeting on June 15, 2026, with 99.99% in favor. The deal involves transferring assets including Nansha IFC and Yungu Industrial Park, allowing the company to reshape its portfolio. The board is authorized to execute transactions. Analysts maintain a 'Buy' rating with a HK$5.23 price target.