China Development Bank Financial Leasing Co Ltd Class H (HK:1606) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
China Development Bank Financial Leasing Co., Ltd. has announced a significant transaction involving the purchase and leaseback of four B737 MAX 8 aircraft in collaboration with Arctic Aviation Assets, a subsidiary of Norwegian Air Shuttle ASA. This deal, facilitated through its subsidiary CDB Aviation Lease Finance, underscores the company’s strategic expansion in the aviation leasing sector. Despite its scale, the transaction is exempt from certain regulatory announcements due to its classification as a Qualified Aircraft Leasing Activity.
For further insights into HK:1606 stock, check out TipRanks’ Stock Analysis page.
