Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from China Investments Holdings Limited ( (HK:0132) ) is now available.
Hing Yip Holdings Limited, via its subsidiary Greengold Leasing, focuses on providing finance leasing solutions tied to industrial and environmental infrastructure assets, notably sewage treatment equipment and facilities used by third-party lessees in mainland China.
The company has executed adjustment agreements with an independent lessee to extend the lease terms of three existing finance leases and revise the total outstanding lease payments, covering both principal and accrued interest and expenses. As of the agreement date, the outstanding lease principal under these leases totals approximately RMB67.14 million, with the revised schedule for one lease setting total remaining payments at about RMB41.03 million, to be settled quarterly over an extended term. The lease periods for the related sewage treatment assets have been lengthened by one to two years, ensuring continued use of the assets by the lessee and ongoing leasing income for Hing Yip. The transaction meets the thresholds of a discloseable transaction under Hong Kong listing rules, underscoring its materiality to the group’s leasing portfolio and future cash flow profile, though it remains below the level requiring shareholder approval.
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
Hing Yip Holdings Limited, incorporated in Bermuda and listed in Hong Kong, operates through subsidiaries including Greengold Leasing, which engages in finance lease arrangements involving infrastructure-related assets such as sewage treatment equipment and facilities in Huainan City, Anhui Province, China.
Average Trading Volume: 93,404
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$388.7M
Learn more about 0132 stock on TipRanks’ Stock Analysis page.