Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) has shared an announcement.
China Development Bank Financial Leasing Co., Ltd. announced a finance lease transaction involving the purchase and leaseback of power generation facilities in Guangxi Province, China, valued at RMB680,000,000. The agreement, classified as a discloseable transaction under Hong Kong’s Listing Rules, reflects the company’s strategic focus on expanding its leasing portfolio while maintaining compliance with regulatory requirements.
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. It operates in the financial leasing industry, focusing on leasing services rather than banking or deposit-taking activities, and is not under the supervision of the Hong Kong Monetary Authority.
YTD Price Performance: -27.50%
Average Trading Volume: 3,002
Technical Sentiment Signal: Buy
Current Market Cap: €1.62B
See more data about 1606 stock on TipRanks’ Stock Analysis page.