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China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) just unveiled an announcement.
China Development Bank Financial Leasing Co., Ltd. announced supplemental details regarding its finance lease agreements with Beijing China Auto Rental Co., Ltd. The agreements involve the purchase and leasing of vehicles owned by the lessee, with transactions valued at approximately RMB452,000,000 and RMB110,000,000. The lease periods are set for 12 and 60 months, respectively, with payments made monthly. These transactions were negotiated at arm’s length, considering the appraised value of the leased assets and prevailing market prices, potentially impacting the company’s leasing operations and market positioning in the PRC.
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 not an authorized institution under the Banking Ordinance and is not authorized to conduct banking or deposit-taking business in Hong Kong. It operates in the financial leasing industry, focusing on providing finance lease services.
Average Trading Volume: 14,738,493
Technical Sentiment Signal: Buy
Current Market Cap: HK$21.24B
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