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The latest update is out from China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ).
China Development Bank Financial Leasing Co., Ltd. announced a finance lease arrangement involving the purchase and leasing of wind power generation facilities located in Xinjiang, China. The transaction, valued at RMB1,336,286,500, is considered a discloseable transaction under the Listing Rules, indicating significant financial engagement and potential impact on the company’s leasing operations and market positioning.
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, focusing on financial leasing services. It is not an authorized banking institution under the Banking Ordinance and is not supervised by the Hong Kong Monetary Authority.
Average Trading Volume: 6,475,190
Technical Sentiment Signal: Hold
Current Market Cap: HK$15.42B
See more insights into 1606 stock on TipRanks’ Stock Analysis page.
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