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Hing Yip Holdings Engages in Strategic Finance Lease

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Hing Yip Holdings Engages in Strategic Finance Lease

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

Greengold Leasing, a subsidiary of Hing Yip Holdings Limited, has entered into a finance lease agreement with an independent third party. The transaction involves acquiring ownership of assets from the lessee for RMB32,000,000 and leasing them back for six years. This transaction is classified as discloseable under Hong Kong’s Listing Rules due to its financial magnitude. The agreement, valued at approximately RMB39,628,000 in total payments, reflects strategic financial planning by Hing Yip Holdings to leverage internal and external resources for optimizing asset management.

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: 82,749

Technical Sentiment Signal: Sell

Current Market Cap: HK$428.1M

For an in-depth examination of 0132 stock, go to TipRanks’ Overview page.

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