China Overseas Property Renews Connected Leasing and Utilities Deals
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China Overseas Property Holdings has renewed connected leasing and utilities agreements with China Overseas Land & Investment and China State Construction, covering the period from July 1, 2026, to June 30, 2029. These agreements allow the company to continue renting properties under specified annual caps and expand its property management utilities charges. The deals comply with Hong Kong's connected transaction rules, reflecting the company's reliance on intra-group arrangements. The latest analyst rating for the stock (HK:2669) is a Sell with a price target of HK$5.00.
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