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China Overseas Land & Investment Renews Financial Services Agreement with CSCF

Story Highlights
  • China Overseas Land & Investment renews financial services agreement with CSCF for 2025-2028.
  • The agreement includes deposit, loan, and factoring services, with certain exemptions under Hong Kong Listing Rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Overseas Land & Investment Renews Financial Services Agreement with CSCF

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China Overseas Land & Investment ( (HK:0688) ) has provided an announcement.

China Overseas Land & Investment has entered into a new Financial Services Master Agreement with China State Construction Finance Limited (CSCF) to continue receiving financial services such as deposit, loan, and factoring services. This agreement, effective from November 1, 2025, to October 31, 2028, ensures that CSCF will provide these services on a non-exclusive basis, maintaining a balance between loans and deposits. The transactions are classified as continuing connected transactions under the Hong Kong Listing Rules, with certain exemptions from reporting and approval requirements, indicating a streamlined process for the company.

The most recent analyst rating on (HK:0688) stock is a Hold with a HK$15.00 price target. To see the full list of analyst forecasts on China Overseas Land & Investment stock, see the HK:0688 Stock Forecast page.

More about China Overseas Land & Investment

China Overseas Land & Investment is a prominent player in the real estate industry, primarily focusing on property development and investment. The company is a subsidiary of China State Construction Engineering Corporation (CSCEC), which positions it strongly in the market with a robust backing from one of the largest construction companies globally.

Average Trading Volume: 19,606,406

Technical Sentiment Signal: Sell

Current Market Cap: HK$144.9B

For a thorough assessment of 0688 stock, go to TipRanks’ Stock Analysis page.

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