--- title: "China Development Bank Financial Leasing Sets Board Roles and Clarifies Regulatory Status" type: "News" locale: "en" url: "https://longbridge.com/en/news/279568628.md" description: "China Development Bank Financial Leasing Co., Ltd. has clarified its regulatory status, stating it operates outside the Hong Kong banking framework and focuses on leasing services. The company announced its Board of Directors' composition, led by chairman Ma Hong, and detailed roles across seven committees to enhance governance. The latest analyst rating for its stock (HK:1606) is a Hold with a price target of HK$2.00. The firm is not authorized under the Hong Kong Banking Ordinance and has a market cap of HK$18.71B." datetime: "2026-03-18T09:41:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279568628.md) - [en](https://longbridge.com/en/news/279568628.md) - [zh-HK](https://longbridge.com/zh-HK/news/279568628.md) --- # China Development Bank Financial Leasing Sets Board Roles and Clarifies Regulatory Status ### Claim 70% Off TipRanks Premium - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) has issued an update. China Development Bank Financial Leasing Co., Ltd., a PRC-based financial leasing company listed in Hong Kong, clarified that it operates outside the Hong Kong banking regulatory framework. The firm focuses on leasing-related financial services rather than traditional banking or deposit-taking activities. The company announced the current composition of its Board of Directors, led by executive director and chairman Ma Hong, alongside non-executive and independent non-executive directors, and detailed their roles across seven specialized board committees. The delineation of responsibilities in strategic decision-making, risk management, related-party transactions, audit, remuneration, nomination, and social responsibility underscores a structured governance framework aimed at strengthening oversight and stakeholder confidence. The most recent analyst rating on (HK:1606) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on China Development Bank Financial Leasing Co Ltd Class H stock, see the HK:1606 Stock Forecast page. **More about China Development Bank Financial Leasing Co Ltd Class H** China Development Bank Financial Leasing Co., Ltd. is a PRC-incorporated joint stock company engaged in financial leasing services. Listed in Hong Kong under stock code 1606, it is not an authorized institution under the Hong Kong Banking Ordinance, does not conduct banking or deposit-taking business in Hong Kong, and is not supervised by the Hong Kong Monetary Authority. **Average Trading Volume:** 3,650,918 **Technical Sentiment Signal:** Buy **Current Market Cap:** HK$18.71B ### Related Stocks - [01606.HK](https://longbridge.com/en/quote/01606.HK.md) ## Related News & Research - [China Development Bank Financial Leasing Calls 2026 ESM to Elect New Executive Director](https://longbridge.com/en/news/284027926.md) - [CSC Financial Reaffirms Their Buy Rating on China Development Bank Financial Leasing Co Ltd Class H (2C6)](https://longbridge.com/en/news/281606418.md) - [11:05 ETThe Church of Jesus Christ of Latter-day Saints Commits $25 Million to the UNICEF-led Child Nutrition Fund](https://longbridge.com/en/news/287088476.md) - [China Turns Green Tech Into an Economic Lifeline](https://longbridge.com/en/news/287051809.md) - [Standard Uranium Announces Closing of LIFE Offering | STTDF Stock News](https://longbridge.com/en/news/286904256.md)