Bohai Leasing to Divest Stake in Subsidiary for 700 Million Yuan; Shares Up 2%

MT Newswires Live

2025/11/10

Bohai Leasing (SHE:000415) will offload its entire 20.97% holdings in its subsidiary, Wanjiang Financial Leasing, for a consideration of 700 million yuan, according to a Shenzhen bourse filing on Saturday.

The Chinese leasing company's shares rose over 2% during Monday's midday trade.

Part of Wanjiang Financial Leasing's shares were judicially frozen.

After the transaction, Bohai will no longer hold any shares in Wanjiang Financial Leasing.

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