tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Investments Holdings Secures Major Finance Lease Deal

Story Highlights
China Investments Holdings Secures Major Finance Lease Deal

TipRanks Cyber Monday Sale

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

China Investments Holdings Limited, through its subsidiary Greengold Leasing, has entered into major finance lease agreements valued at RMB90,000,000 with an independent lessee. This transaction, which involves leasing back assets to the lessee for five years, is significant enough to require shareholder approval under Hong Kong’s Listing Rules. However, the company has already secured the necessary written approval from its major shareholder, Prize Rich Inc., thus exempting it from convening a general meeting.

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: 128,105

Technical Sentiment Signal: Sell

Current Market Cap: HK$428.1M

For a thorough assessment of 0132 stock, go to 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