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CDB Evaluates Business Changes, Trading to Resume
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CDB Evaluates Business Changes, Trading to Resume

China Development Bank Financial Leasing Co Ltd Class H (HK:1606) has released an update.

China Development Leasing Co., Ltd. has announced that its controlling shareholder, CDB, is assessing business operations, including a potential share transfer, but no definitive agreements have been reached. Trading of the company’s shares and debt securities, which was halted on July 2, 2024, is set to resume the following day. Investors are cautioned as there is no assurance of the outcome of the Business Assessment or any resulting transactions.

For further insights into HK:1606 stock, check out TipRanks’ Stock Analysis page.

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