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China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) has shared an announcement.
China Development Bank Financial Leasing has entered into a major long-term finance lease arrangement involving wind power assets in Xinjiang, underscoring its role in funding large infrastructure and clean energy projects. The deal showcases the company’s continued focus on asset-based financing while operating within the regulatory framework of the Hong Kong Stock Exchange.
On 10 February 2026, the company agreed to purchase wind power plant equipment and ancillary facilities in Xinjiang from Tianjin Kanglong Construction for RMB1.02 billion, then lease them back to Altay Shengding Wind Power Generation for 216 months. Classified as a discloseable transaction under Hong Kong listing rules, the deal was negotiated at arm’s length based on net book value and market prices, and is subject only to reporting and announcement requirements, not shareholder approval.
The most recent analyst rating on (HK:1606) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
More about China Development Bank Financial Leasing Co Ltd Class H
China Development Bank Financial Leasing Co., Ltd. is a PRC-incorporated financial leasing company listed in Hong Kong that structures and provides long-term leasing and related financing solutions. It focuses on large-scale assets and infrastructure-related projects, operating under Hong Kong listing rules but is not an authorized banking institution or supervised by the Hong Kong Monetary Authority.
Average Trading Volume: 3,883,432
Technical Sentiment Signal: Buy
Current Market Cap: HK$19.97B
For an in-depth examination of 1606 stock, go to TipRanks’ Overview page.

