tiprankstipranks
China Development Bank Expands Vehicle Leasing Portfolio
Company Announcements

China Development Bank Expands Vehicle Leasing Portfolio

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

Don't Miss our Black Friday Offers:

China Development Bank Financial Leasing Co., Ltd. has entered into an agreement to purchase vehicles valued at approximately RMB45 million from DST Car Rental (Shenzhen) Co., Ltd. for its operating lease business. This transaction, combined with a previous purchase from the same seller, is categorized as a discloseable transaction, highlighting the company’s strategic expansion in the vehicle leasing sector.

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

Related Articles
TipRanks HongKong Auto-Generated NewsdeskChina Development Bank Expands Aircraft Leasing with Air France
TipRanks HongKong Auto-Generated NewsdeskChina Development Bank’s Strategic Asset Acquisition in Renewables
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