MBYUXIU@EC2702A

Yuexiu Properties Secures HK$500 Million Revolving Loan

CLSA Raises Target Prices for Chinese Real Estate Companies

CITIC CLSA Raises Target Price for YueXiu Property to HKD 5.5

Yue Xiu Properties Announces April Contract Sales Data

UOB Kay Hian Maintains Buy Rating on Yuexiu Property with a Target Price of HKD 4.80

Yuexiu Property's April Contract Sales Decline by 17.4%

HSBC Upgrades YueXiu Property to Buy

Yuexiu Property Sees Significant Sales Growth During May Day Golden Week

YueXiu Attracts Multiple High-level Executives from Huafa

Huaxin Land and Yuexiu Property Plan to Launch Residential Projects in Oil Tunnel, Hong Kong in Q3 2027

YueXiu Property's Contracted Sales in March Down 43.9% YoY

Yuexiu Property reports slight revenue growth in 2025

Yuexiu Property reports March 2026 contract sales of 10.1 billion yuan

Yuexiu Properties Reports 44% Decrease in Contract Sales in March 2026

YUEXIU PROPERTY released FY2025 Q3 earnings on March 31 (BJT), actual revenue HKD 21.25 B, actual EPS HKD -0.1784

YUEXIU PROPERTY released FY2025 9 Months Earnings on March 31, 2026 (BJT), with actual revenue of HKD 72.76 B and EPS of HKD 0.1899

YueXiu Property's Wholly-Owned Subsidiary Hong Jing Signs 600 Million HKD Financing Agreement

Yuexiu Property Announces FY2025 Revenue of 86.46 Billion Yuan and Profit of 1.78 Billion Yuan

Yu Di Announces 94.7% Year-on-Year Drop in Full-Year Net Profit

Yuexiu Property reports 2025 fiscal year profit growth of 21.4%, plans to stabilize the real estate market in 2026

REF HOLDINGS

KANGLI INT HLDG

JY GRANDMARK

GANGLONG CHINA

EDICO HOLDINGS

SHING CHI HLDGS

KWONG MAN KEE

JIN MI FANG GP

ZHONGKE GROUP

CH DEMETER FIN

01109

00736

00123

159768

515060

159707

512200

159940

BofA Securities reports that the Chinese property market is in early recovery, with April residential sales up 18% YoY. They raised target prices for quality developers by an average of 13%, with top picks including CHINA RES LAND, CHINA OVERSEAS, and C&D INTL GROUP. Target prices were increased for these companies and YUEXIU PROPERTY, all rated Buy. Despite a bullish outlook gaining recognition, investor positioning remains cautious regarding the recovery's sustainability.

AASTOCKS News

CHINA RES LAND

CHINA PPT INV

YUEXIU PROPERTY

Yinhua CSI Interior Real Estate Theme ETF

ChinaAMC CSI All Share Real Estate ETF

Hwabao WP CSI 800 Real Estate ETF

China Southern CSI All Share Real Estate ETF

GF CSI All Share Financials ETF

Bank of America

CHINA OVERSEAS

C&D INTL GROUP

CHINA RES MIXC

GREENTOWN SER

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

BofAS: CN Property Mkt Still in Early Recovery; TPs Lifted for CHINA RES LAND, CHINA OVERSEAS, C&D INTL GROUP, YUEXIU PROPERTY

CLSA reports that Shanghai's housing market is experiencing an upgrade in demand, with increased transaction volumes for mid-priced units. The reliance on low-priced units has decreased, and secondary home prices rose 0.4% MoM in May. CLSA raised target prices for CHINA RES LAND, CHINA JINMAO, and YUEXIU PROPERTY, citing improved affordability and stable inventory. The new target prices are HKD42.4 for CHINA RES LAND, HKD2.43 for CHINA JINMAO, and HKD5.5 for YUEXIU PROPERTY, all rated as Outperform. CLSA's top pick is CHINA RES LAND.

CHINA JINMAO

CLSA Sees Upgrading Demand in Shanghai Housing Market; Raises TP on CHINA RES LAND , CHINA JINMAO  and YUEXIU PROPERTY

YUEXIU PROPERTYhas seen a rise for four consecutive trading days, currently quoted at 4.62, up 1.76%. CLSA has raised its target price from 5.1 to 5.5, maintaining an Outperform rating. The company is focusing on land replenishment in tier-one cities and has reported strong contracted sales of RMB5.5 billion during the May Day period, reflecting over 50% YoY growth. CLSA expects earnings to improve from 2027, despite cutting its 2026 core earnings forecast by 76.5%.

YUEXIU PROPERTY  Rises for Four Consecutive Trading Days; CLSA Lifts TP to 5.5

In a report released on May 7, from UOB Kay Hian maintained a Buy rating on Yuexiu Property Co, with a price target of HK$4.80. The company’s shares closed yesterday at HK$4.34.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Currently, the analyst consensus on Yuexiu Property Co is a Strong Buy with an average price target of HK$5.59.

Tip Ranks

UOB Kay Hian

UOB Kay Hian Sticks to Their Buy Rating for Yuexiu Property Co (0123)

HSBC Research upgraded YUEXIU PROPERTYfrom Hold to Buy, raising its target price from HKD4.1 to HKD5.1. The report indicates that the company will benefit from a recovery in first-tier cities, particularly Guangzhou, which is expected to enhance project sales. The firm anticipates increased land acquisitions and capital recycling, with management exploring asset disposals and C-REIT spin-offs as potential catalysts for valuation re-rating. Earnings are projected to recover to 2024 levels by 2027.

HSBC HOLDINGS

HSBC

HSBC Holdings Plc

HSBC 5xShortSG241213

HSBC Research: YUEXIU PROPERTY  to Benefit from First-tier Cities Leading Sector Recovery, Rating Upgraded to Buy

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.

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

The CICC research report pointed out that YUEXIU PROPERTY's performance revenue in 2025 will remain flat at 86.46 billion yuan, with a gross profit margin declining to 7.8%, and core net profit decreasing by 83.6% to 260 million yuan. Considering the ongoing inventory clearance, CICC has lowered its profit forecast by 55% and 78% to 270 million and 320 million yuan, maintaining an "outperform the industry" rating, with a target price reduced by 14% to HKD 5.9

AASTOCKS

In "Major Banks," China International Capital Corporation lowered the target price for YUEXIU PROPERTY to 5.9 yuan, with inventory continuously being cleared and investment expansion being rational and steady

06626

YUEXIU PROPERTY announced that in March, the contract sales (including joint venture projects) amounted to approximately RMB 10.1 billion, a year-on-year decrease of 43.9%; the contract sales area was 376,000 square meters, an increase of 8.5%. In the first three months, the cumulative contract sales amounted to RMB 17.206 billion, a decrease of 44.2%, involving a sales area of 623,000 square meters, a decrease of 10.4%

YUEXIU SERVICES

YUEXIU PROPERTY's contract sales in the first quarter reached RMB 17.206 billion, a decrease of 44.2%

MBYUXIU@EC2702A(28931.HK)

BofAS: CN Property Mkt Still in Early Recovery; TPs Lifted for CHINA RES LAND, CHINA OVERSEAS, C&D INTL GROUP, YUEXIU PROPERTY

CLSA Sees Upgrading Demand in Shanghai Housing Market; Raises TP on CHINA RES LAND , CHINA JINMAO and YUEXIU PROPERTY

YUEXIU PROPERTY Rises for Four Consecutive Trading Days; CLSA Lifts TP to 5.5

UOB Kay Hian Sticks to Their Buy Rating for Yuexiu Property Co (0123)

HSBC Research: YUEXIU PROPERTY to Benefit from First-tier Cities Leading Sector Recovery, Rating Upgraded to Buy

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

In "Major Banks," China International Capital Corporation lowered the target price for YUEXIU PROPERTY to 5.9 yuan, with inventory continuously being cleared and investment expansion being rational and steady

YUEXIU PROPERTY's contract sales in the first quarter reached RMB 17.206 billion, a decrease of 44.2%