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China Investments Holdings Enters Discloseable Finance Lease Agreement

Story Highlights
  • China Investments’ subsidiary Greengold Leasing enters a finance lease for RMB40,000,000.
  • The transaction is a discloseable event under Listing Rules, with a four-year lease term.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Investments Holdings Enters Discloseable Finance Lease Agreement

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An announcement from China Investments Holdings Limited ( (HK:0132) ) is now available.

China Investments Holdings Limited, through its subsidiary Greengold Leasing, has entered into a finance lease agreement with a lessee for the transfer and leaseback of assets valued at RMB40,000,000. This transaction is classified as a discloseable transaction under the Listing Rules, as it exceeds a 5% threshold but remains under 25%. The lease involves a four-year term with total payments amounting to approximately RMB46,557,000, including principal and interest, to be paid quarterly.

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: 164,738

Technical Sentiment Signal: Sell

Current Market Cap: HK$405.8M

See more data about 0132 stock on TipRanks’ Stock Analysis page.

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