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Hainan Meilan Airport Signs Major Lease Agreement with Haikou Meilan

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Hainan Meilan Airport Signs Major Lease Agreement with Haikou Meilan

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Hainan Meilan International Airport Company ( (HK:0357) ) has issued an announcement.

Hainan Meilan International Airport Company Limited has entered into a Renewed Lease Agreement with Haikou Meilan for the leasing of assets for three years starting January 2026. This agreement, constituting a major and connected transaction under Hong Kong’s Listing Rules, involves recognizing the leased assets as right-of-use assets valued at approximately RMB1,314 million. The transaction requires shareholder approval and is subject to specific reporting and regulatory requirements.

The most recent analyst rating on (HK:0357) stock is a Hold with a HK$10.50 price target. To see the full list of analyst forecasts on Hainan Meilan International Airport Company stock, see the HK:0357 Stock Forecast page.

More about Hainan Meilan International Airport Company

Hainan Meilan International Airport Company Limited is a joint stock company incorporated in the People’s Republic of China, primarily involved in the aviation industry. The company focuses on airport operations and management, providing services related to aviation logistics and passenger travel.

YTD Price Performance: 14.13%

Average Trading Volume: 1,594,341

Technical Sentiment Signal: Buy

Current Market Cap: HK$4.97B

Find detailed analytics on 0357 stock on TipRanks’ Stock Analysis page.

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