Zhongguancun Science-Tech Leasing Co. Ltd. Class H (HK:1601) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Zhongguancun Science-Tech Leasing Co., Ltd. has announced a finance lease agreement, acquiring leased assets from a lessee for RMB46 million and leasing them back for 36 months, with total payments amounting to RMB50.15 million. The transaction, which includes a finance lease interest income of RMB4.15 million, is classified as a discloseable transaction under Hong Kong’s listing rules. This strategic move is funded by the company’s internal resources and reflects its active role in the financial leasing sector.
For further insights into HK:1601 stock, check out TipRanks’ Stock Analysis page.