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China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) has provided an update.
China Development Bank Financial Leasing Co., Ltd. announced a finance lease arrangement involving the purchase and lease of energy storage power station equipment located in Hebei Province, China, valued at RMB844,800,000. This transaction, classified as a discloseable transaction under Hong Kong’s Listing Rules, highlights the company’s strategic focus on expanding its leasing portfolio in the energy sector, potentially enhancing its market presence and offering new opportunities for stakeholders.
More about China Development Bank Financial Leasing Co Ltd Class H
China Development Bank Financial Leasing Co., Ltd. operates in the financial leasing industry, providing leasing services primarily in the People’s Republic of China. The company is not an authorized banking institution in Hong Kong and is not under the supervision of the Hong Kong Monetary Authority.
YTD Price Performance: -7.86%
Average Trading Volume: 6,453,431
Technical Sentiment Signal: Buy
Current Market Cap: HK$16.31B
Learn more about 1606 stock on TipRanks’ Stock Analysis page.