Yuexiu Property Shareholders Approve Major Asset Disposal Package
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.
Yuexiu Property Co ( (HK:0123) ) just unveiled an update.
Shareholders of Yuexiu Property Company Limited have overwhelmingly approved a series of asset transfer agreements at an extraordinary general meeting held on 15 June 2026. The poll, independently scrutinized by the company’s share registrar, showed that the sole ordinary resolution related to the disposal package passed with 99.99% of votes in favour.
The approval covers multiple transfer agreements, including those for Nansha IFC, Yungu Industrial Park, S1 Building, Zhigu Industrial Park, Bijie Hotel and Kangyang projects, collectively referred to as the Disposal. The board is now authorised to execute all necessary documents and actions to complete these transactions, paving the way for Yuexiu Property to reshape its asset portfolio and potentially streamline its operations around core projects.
The most recent analyst rating on (HK:0123) stock is a Buy
with a HK$5.23 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 Company Limited is a Hong Kong-incorporated real estate developer listed on the Stock Exchange of Hong Kong. The company focuses on property development and related assets in mainland China, including commercial complexes, industrial parks and hospitality projects, serving both business and leisure markets in key urban regions.
Average Trading Volume: 11,432,743
Technical Sentiment Signal: Sell
Current Market Cap: HK$17.84B