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China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) has shared an update.
China Development Bank Financial Leasing Co., Ltd. has entered into a finance lease agreement with Gimi MS Corporation, involving a floating liquefied natural gas vessel valued at approximately USD764 million. The transaction, valued at up to USD500 million, is classified as a discloseable transaction under Hong Kong’s listing rules, with a lease term of 144 months and payments made in US dollars based on a floating interest rate.
More about China Development Bank Financial Leasing Co Ltd Class H
China Development Bank Financial Leasing Co., Ltd. is a company primarily engaged in the vessel finance leasing business. It operates as a joint stock limited company incorporated in the People’s Republic of China and is not authorized to conduct banking or deposit-taking business in Hong Kong.
YTD Price Performance: -2.50%
Average Trading Volume: 2,961
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.86B
For detailed information about 1606 stock, go to TipRanks’ Stock Analysis page.