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The latest update is out from Bank of Gansu Co., Ltd. Class H ( (HK:2139) ).
Bank of Gansu Co., Ltd. has agreed to transfer a portfolio of non-performing creditor’s rights assets, with principal and interest totaling about RMB175.33 million as of 20 November 2025, to Gansu Assets Management Co., Ltd. for a consideration of RMB101.75 million, following a public bidding process. The deal, signed on 29 December 2025, is intended to ease the bank’s pressure from non-performing assets and forms part of its ongoing asset quality management, while also constituting a connected transaction under Hong Kong Listing Rules because the buyer is a subsidiary of a substantial shareholder; as the relevant ratios fall between 0.1% and 5%, the transaction is subject to reporting and announcement requirements but is exempt from circular and independent shareholders’ approval obligations.
More about Bank of Gansu Co., Ltd. Class H
Bank of Gansu Co., Ltd. is a joint stock commercial bank incorporated in the People’s Republic of China and listed in Hong Kong. It primarily engages in commercial banking services, with a regional focus on Gansu province, and manages credit portfolios that include non-performing assets as part of its balance-sheet and risk-management activities.
Average Trading Volume: 762,809
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.66B
Find detailed analytics on 2139 stock on TipRanks’ Stock Analysis page.