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China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) just unveiled an announcement.
China Development Bank Financial Leasing Co., Ltd. announced a finance lease asset transfer agreement involving the transfer of ownership of power generation equipment located in Wenxi County, Shanxi Province. The company will transfer these assets and associated rights and obligations to Nanwang Finance Leasing Co., Ltd. and Kunlun Financial Leasing Co., Ltd. for a consideration of RMB1,134,400,000, which will be paid in a lump sum on January 15, 2025. This transaction, classified as discloseable under Hong Kong’s listing rules, allows the company to use the proceeds to supplement its working capital or repay bank debts.
More about China Development Bank Financial Leasing Co Ltd Class H
China Development Bank Financial Leasing Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. The company is not an authorized institution under the Banking Ordinance and does not operate banking or deposit-taking businesses in Hong Kong. It is not subject to the supervision of the Hong Kong Monetary Authority.
YTD Price Performance: -14.38%
Average Trading Volume: 3,474
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €1.84B
See more data about 1606 stock on TipRanks’ Stock Analysis page.
