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China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) has issued an announcement.
China Development Bank Financial Leasing Co., Ltd. announced the execution of new finance lease agreements with Beijing China Auto Rental Co., Ltd. The company agreed to purchase leased assets valued at approximately RMB488 million and lease them back to the lessee for periods ranging from 12 to 60 months. This transaction follows previous agreements with the same lessee, which were not reported in compliance with Chapter 14 of the Listing Rules due to an oversight. The current transaction, along with previous ones, are considered discloseable transactions, impacting the company’s reporting obligations.
More about China Development Bank Financial Leasing Co Ltd Class H
China Development Bank Financial Leasing Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. The company is involved in financial leasing but is not authorized to conduct banking or deposit-taking business in Hong Kong and is not supervised by the Hong Kong Monetary Authority.
Average Trading Volume: 9,072,630
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$18.84B
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