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China Zheshang Bank Co., Ltd. Class H ( (HK:2016) ) has issued an announcement.
China Zheshang Bank Co., Ltd. has released supplemental information regarding a connected transaction involving a capital increase and subscription agreement. The announcement highlights the financial performance of Zheyin Financial Leasing, a subsidiary, noting an increase in both net and total assets as well as profits before and after taxation over the past two years. The involvement of state-owned enterprises as shareholders in Zheyin Financial Leasing underscores the strategic significance of this transaction for the bank’s operations and its positioning within the financial leasing sector.
More about China Zheshang Bank Co., Ltd. Class H
China Zheshang Bank Co., Ltd. is a joint-stock company incorporated in China, operating in the banking industry. It provides a range of financial services and has a focus on capital increase and subscription agreements, particularly in relation to its financial leasing operations.
Average Trading Volume: 19,595,378
Technical Sentiment Signal: Buy
Current Market Cap: HK$86.38B
For detailed information about 2016 stock, go to TipRanks’ Stock Analysis page.