Zhitong Finance App learned that CDB Leasing (01606) fell more than 4%. As of press time, it fell 4.44% to HKD 2.15 with a turnover of HKD 42.8533 million.

On the news front, CDB Leasing issued an announcement that the company's four wholly-owned special purpose companies, as lessors, and lessees entered into a financing lease agreement on June 19, 2024 (after trading hours). Accordingly, the lessor companies, as wholly-owned special purpose companies of the company, will purchase the leased property from the lessee for a consideration of no more than USD 477.5 million, and agree to lease the leased property to the lessee for a lease term of 60 to 120 months. Among them: the lease principal and transfer price amount to the same, totaling no more than USD 477.5 million; the lease interest is expected to total about USD 130 million during the lease term. The lease principal and lease interest will be paid quarterly by the lessee to the lessor during the lease term. The leased property is four LNG ships, with a total assessed value of approximately USD 477.5 million.

In addition, according to information disclosed by HKEx, China Reinsurance (Group) Corporation ("China Re") reduced its holding of 9.228 million shares of CDB Leasing H shares on the exchange on June 11, cashing in more than HKD 20 million. After the reduction, China Re's holding of CDB Leasing's H shares decreased to approximately 436 million shares.