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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. has entered into a finance lease agreement with Nantong Kuhong Trading Co., Ltd., involving the purchase and leaseback of mechanical cutting machines valued at RMB400,000,000 for a period of 60 months. This transaction, when aggregated with a previous similar transaction, constitutes a discloseable transaction under Hong Kong’s Listing Rules, highlighting the company’s active engagement in significant leasing activities that impact its financial operations and reporting obligations.
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 finance lease services. The company is not an authorized banking institution in Hong Kong and is not subject to the supervision of the Hong Kong Monetary Authority.
YTD Price Performance: -15.62%
Average Trading Volume: 2,961
Technical Sentiment Signal: Sell
Current Market Cap: €1.84B
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