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China Investments Holdings Announces Discloseable Finance Lease Transaction

Story Highlights
  • China Investments Holdings’ subsidiary acquires assets for RMB20,000,000 to lease back.
  • The finance lease transaction is discloseable due to its size under Listing Rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Investments Holdings Announces Discloseable Finance Lease Transaction

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China Investments Holdings Limited ( (HK:0132) ) has issued an announcement.

China Investments Holdings Limited, through its subsidiary Greengold Leasing, has entered into a finance lease agreement with a lessee to acquire assets valued at RMB20,000,000, which will be leased back to the lessee for three years. This transaction is classified as discloseable under the Listing Rules due to its size, and it involves a total payment of approximately RMB22,645,000, including interest and fees, to be paid monthly over the lease term.

The most recent analyst rating on (HK:0132) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Investments Holdings Limited stock, see the HK:0132 Stock Forecast page.

More about China Investments Holdings Limited

Average Trading Volume: 164,577

Technical Sentiment Signal: Sell

Current Market Cap: HK$402.4M

For detailed information about 0132 stock, go to TipRanks’ Stock Analysis page.

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