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China Investments Holdings Enters Finance Lease Agreement

Story Highlights
  • China Investments Holdings’ subsidiary entered a finance lease for asset transfer and leaseback.
  • The transaction is a strategic move to optimize asset management and enhance leasing operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Investments Holdings Enters 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 RMB20,500,000. This transaction, classified as a discloseable transaction under Hong Kong’s Listing Rules, involves the transfer of asset ownership to Greengold Leasing and a subsequent leaseback to the lessee for a term of five years. The transaction is expected to be funded through internal resources or external banking facilities and reflects the company’s strategic financial operations to optimize asset management and enhance its leasing portfolio.

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: 183,411

Technical Sentiment Signal: Sell

Current Market Cap: HK$411M

Learn more about 0132 stock on TipRanks’ Stock Analysis page.

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