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Hing Yip Holdings Subsidiary Enters Discloseable Finance Lease Agreement

Story Highlights
  • Greengold Leasing acquires assets for RMB30,000,000 and leases them back for seven years.
  • The transaction is discloseable under Hong Kong’s Listing Rules, with total payments of RMB39,571,000.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hing Yip Holdings Subsidiary Enters Discloseable Finance Lease Agreement

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The latest update is out from China Investments Holdings Limited ( (HK:0132) ).

Greengold Leasing, a subsidiary of Hing Yip Holdings Limited, has entered into a finance lease agreement as the lessor, acquiring assets from an independent third party for RMB30,000,000 and leasing them back for seven years. This transaction, classified as discloseable under Hong Kong’s Listing Rules, involves a total payment of approximately RMB39,571,000, including interest and fees, and is funded through internal resources and external banking facilities.

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: 81,510

Technical Sentiment Signal: Buy

Current Market Cap: HK$445.2M

Find detailed analytics on 0132 stock on TipRanks’ Stock Analysis page.

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