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China Investments Holdings Enhances Leasing Operations with New Finance Lease Agreement

Story Highlights
  • China Investments Holdings’ subsidiary acquires assets for RMB14,000,000 to lease back for five years.
  • The transaction is a discloseable move under Hong Kong Listing Rules, boosting leasing operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Investments Holdings Enhances Leasing Operations with New Finance Lease Agreement

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

China Investments Holdings Limited, through its subsidiary Greengold Leasing, has entered into a finance lease agreement with a lessee, acquiring ownership of certain assets for RMB14,000,000, which will be leased back to the lessee for five years. This transaction, combined with a previous lease, constitutes a discloseable transaction under the Hong Kong Listing Rules, indicating a strategic move to enhance the company’s leasing operations and financial positioning.

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: 163,335

Technical Sentiment Signal: Sell

Current Market Cap: HK$407.5M

For an in-depth examination of 0132 stock, go to TipRanks’ Overview page.

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