China Chengtong Delays Dispatch of Circular on Series of Major Leasing Transactions

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2026.01.20 12:10
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China Chengtong Development Group Limited has announced a delay in dispatching a circular to shareholders regarding major leasing transactions, including sale-and-leaseback arrangements and asset transfers. Originally due within 15 business days, the circular will now be sent by February 13, 2026, to allow more time for preparation. The company has received a Hold rating from analysts with a price target of HK$0.12. China Chengtong is involved in investment and development activities in sectors like aviation and shipping.