China CITIC Financial Asset Management Sells 60% Interest in Financial Leasing Arm

MT Newswires Live

2025/01/03

Asset manager China CITIC Financial Asset Management (HKG:2799) has completed the sale of a 60% stake in China Huarong Financial Leasing to CITIC Group, a Tuesday bourse filing said.

Following completion, the firm holds 2,502,779,316, or 19.92%, shares in the target company.

The parties had first entered into an agreement regarding the disposal in May.

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