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China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) has shared an announcement.
China Development Bank Financial Leasing Co., Ltd., a PRC-based financial leasing company linked to China Development Bank but not licensed as a banking institution in Hong Kong, focuses on providing leasing-related financial solutions rather than traditional deposit-taking or banking services in the Hong Kong market. The company has approved a comprehensive set of Rules of Procedures for its board of directors at its third extraordinary shareholders’ meeting of 2025, detailing the board’s composition, powers, special committees, the role of the board secretary, and the processes for convening meetings, passing resolutions, and implementing board decisions, signaling a move to strengthen corporate governance and formalize decision-making mechanisms for stakeholders.
The most recent analyst rating on (HK:1606) stock is a Buy 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 joint stock company engaged in financial leasing services. While associated with China Development Bank, it is not an authorized banking institution in Hong Kong, does not conduct banking or deposit-taking business there, and is not supervised by the Hong Kong Monetary Authority.
Average Trading Volume: 4,676,894
Technical Sentiment Signal: Buy
Current Market Cap: HK$21.37B
See more insights into 1606 stock on TipRanks’ Stock Analysis page.