tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Investments Holdings Engages in Strategic Finance Lease Transaction

Story Highlights
China Investments Holdings Engages in Strategic Finance Lease Transaction

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.

The latest update is out from China Investments Holdings Limited ( (HK:0132) ).

China Investments Holdings Limited, through its subsidiary Greengold Leasing, has entered into a finance lease agreement with a lessee for the transfer of asset ownership valued at RMB50,000,000, which will be leased back to the lessee for five years. This transaction, exceeding 5% but less than 25% of applicable percentage ratios, is classified as a discloseable transaction under the Listing Rules, indicating a strategic move to optimize asset management and financial structuring.

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: 179,034

Technical Sentiment Signal: Sell

Current Market Cap: HK$436.6M

Find detailed analytics on 0132 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1