China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) has issued an update.
China Development Bank Financial Leasing Co., Ltd. announced a significant transaction involving the acquisition of wind power generation equipment located in Heilongjiang Province, China. The company entered into an Asset Transfer Agreement to acquire the ownership and associated rights of the leased assets from PowerChina Leasing Co., Ltd., with a total consideration of RMB1,100,000,000. This transaction, classified as a discloseable transaction under the Listing Rules, is expected to enhance the company’s asset portfolio in the renewable energy sector, potentially strengthening its market position and offering new opportunities for growth.
More about China Development Bank Financial Leasing Co Ltd Class H
China Development Bank Financial Leasing Co., Ltd. operates in the financial leasing industry, focusing on providing leasing services primarily in China. The company is not authorized to conduct banking or deposit-taking business in Hong Kong and is not under the supervision of the Hong Kong Monetary Authority.
YTD Price Performance: -14.47%
Average Trading Volume: 2,228
Technical Sentiment Signal: Sell
Current Market Cap: €1.86B
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