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China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) has provided an announcement.
China Development Bank Financial Leasing Co., Ltd. announced that its third extraordinary shareholders’ meeting of 2025, held on 31 December, approved all proposed amendments to its rules of procedures for shareholders’ meetings and the board of directors, as well as its equity management measures. The resolutions passed with overwhelming support from shareholders representing about 75.44% of the company’s issued share capital, underscoring strong investor backing for governance and equity-management refinements that are intended to align the company’s operations more closely with PRC regulations, Hong Kong listing requirements and its articles of association, while reinforcing transparency and procedural robustness for stakeholders.
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. is a PRC-incorporated financial leasing company listed in Hong Kong, focusing on providing leasing and related financing services. It operates through both H shares and domestic shares and is not an authorized institution under Hong Kong’s Banking Ordinance, meaning it does not conduct deposit-taking or banking business in Hong Kong and is not supervised by the Hong Kong Monetary Authority.
Average Trading Volume: 4,676,894
Technical Sentiment Signal: Buy
Current Market Cap: HK$21.37B
For a thorough assessment of 1606 stock, go to TipRanks’ Stock Analysis page.