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An update from China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) is now available.
China Development Bank Financial Leasing Co., Ltd. announced the cancellation of its upcoming extraordinary general meeting (EGM) and the closure of its register of members, initially scheduled for September 2025. This decision follows an unauthorized publication of EGM documents by Toppan Nexus Holdings Limited, which the company attributes to a significant administrative error. The company is currently seeking legal advice to address this breach of contractual obligations and assures stakeholders of its commitment to resolving the issue. The capital increase proposal for CDB Aviation, initially intended for discussion at the EGM, remains under consideration.
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. operates in the financial leasing industry, focusing on providing leasing services. It is not authorized as a banking institution under the Banking Ordinance and does not engage in banking or deposit-taking business in Hong Kong, thus not being supervised by the Hong Kong Monetary Authority.
Average Trading Volume: 16,047,729
Technical Sentiment Signal: Buy
Current Market Cap: HK$21.24B
For a thorough assessment of 1606 stock, go to TipRanks’ Stock Analysis page.