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China Investments Holdings Limited ( (HK:0132) ) has shared an update.
China Investments Holdings Limited, through its subsidiary Greengold Leasing, has entered into a finance lease agreement with an independent third-party lessee. The transaction involves acquiring ownership of certain assets for RMB20,000,000, which will be leased back to the lessee for 74 months. This agreement is considered a discloseable transaction under the Hong Kong Listing Rules due to the applicable percentage ratios exceeding 5% but remaining below 25%. The transaction is expected to be funded through internal resources and/or external banking facilities, with the total lease payments amounting to approximately RMB24,671,000.
The most recent analyst rating on (HK:0132) stock is a Hold with a HK$0.25 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: 77,938
Technical Sentiment Signal: Sell
Current Market Cap: HK$462.3M
See more insights into 0132 stock on TipRanks’ Stock Analysis page.