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An announcement from Yuexiu Property Co ( (HK:0123) ) is now available.
Yuexiu Property Co has successfully acquired land parcels in Jing’an District, Shanghai, for RMB7.737 billion through an open tender. This acquisition is expected to enhance the company’s land bank and strengthen its strategic position in Shanghai, as the area is poised to become a world-class waterfront hub with excellent infrastructure and amenities.
The most recent analyst rating on (HK:0123) stock is a Buy with a HK$5.83 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 Co is a real estate company engaged in property development, management, and investment, with a focus on residential, commercial, and cultural projects in China.
Average Trading Volume: 14,273,131
Current Market Cap: HK$18.92B
Learn more about 0123 stock on TipRanks’ Stock Analysis page.