Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) has issued an announcement.
China Development Bank Financial Leasing Co., Ltd. has announced a discloseable transaction involving the purchase of two offshore support vessels for up to USD60,000,000. This transaction, aggregated with a previous similar transaction, requires reporting due to its percentage ratio exceeding 5%, highlighting the company’s strategic investment in expanding its fleet and strengthening its position within the vessel leasing market.
More about China Development Bank Financial Leasing Co Ltd Class H
China Development Bank Financial Leasing Co., Ltd. operates in the vessel leasing industry, primarily focusing on financial leasing of vessels. It is not an authorized banking institution and is not subject to the supervision of the Hong Kong Monetary Authority.
YTD Price Performance: -18.12%
Average Trading Volume: 3,103
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €1.77B
For a thorough assessment of 1606 stock, go to TipRanks’ Stock Analysis page.