1957 & Co.’s Modern Shanghai (YOHO Midtown) Restaurant renews East Point City lease through 2029

Reuters

02/23

1957 & Co.’s Modern Shanghai (YOHO Midtown) Restaurant renews East Point City lease through 2029

Modern Shanghai (YOHO Midtown) Restaurant Ltd., an indirect 60%-owned subsidiary of 1957 & Co. (Hospitality) Ltd., signed a new tenancy agreement on Feb. 23, 2026 to renew the lease for its Modern Shanghai restaurant at Shop 108, Level 1, East Point City in Tseung Kwan O. The renewed term runs from April 19, 2026 to April 18, 2029, with basic rent of about HK$300,000 per month plus service and management charges of about HK$92,000 per month and a promotion levy of about HK$14,000 per month, and a turnover rent of 11.5% if applicable.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 1957 & Co. (Hospitality) Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260223-12027869), on February 23, 2026, and is solely responsible for the information contained therein.

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(Hospitality) Ltd., signed a new tenancy agreement on Feb. 23, 2026 to renew the lease for its Modern Shanghai restaurant at Shop 108, Level 1, East Point City in Tseung Kwan O. The renewed term runs from April 19, 2026 to April 18, 2029, with basic rent of about HK$300,000 per month plus service and management charges of about HK$92,000 per month and a promotion levy of about HK$14,000 per month, and a turnover rent of 11.5% if applicable.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 1957 &amp; Co. (Hospitality) Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260223-12027869), on February 23, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1585","symbol_name":"昨日強勢股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260223:nNDL6G1qCr:1","article_id":"2613578599","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2613578599","pubTimestamp":1771843154,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Modern Shanghai  Restaurant Ltd., an indirect 60%-owned subsidiary of 1957 & Co.  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The renewed term runs from April 19, 2026 to April 18, 2029, with basic rent of about HK$300,000 per month plus service and management charges of about HK$92,000 per month and a promotion levy of about HK$14,000 per month, and a turnover rent of 11.5% if applicable.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 1957 & Co. (Hospitality) Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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