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China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) has issued an announcement.
China Development Bank Financial Leasing Co., Ltd. announced a finance lease arrangement involving the purchase and leasing of energy storage power station equipment located in Inner Mongolia, China. The transaction, valued at RMB1.7 billion, is classified as a discloseable transaction under Hong Kong’s Listing Rules, indicating significant financial engagement without requiring shareholder approval.
The most recent analyst rating on (HK:1606) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page.
More about China Development Bank Financial Leasing Co Ltd Class H
China Development Bank Financial Leasing Co., Ltd. operates in the financial leasing industry, focusing on providing finance lease arrangements. The company is not an authorized banking institution and does not engage in banking or deposit-taking business in Hong Kong.
Average Trading Volume: 13,439,188
Technical Sentiment Signal: Buy
Current Market Cap: HK$22.12B
For a thorough assessment of 1606 stock, go to TipRanks’ Stock Analysis page.