China Financial Leasing (HKG:2312) said it noted the decrease in the price and increase in the trading volume of its shares on January 4 and that it was not aware of any reasons for such movement.

The company's board of directors confirmed that, save for the disposal of 251 million shares of the company in the open market by a substantial shareholder of the company, there were no other negotiations or agreements relating to intended acquisitions or realisations which were discloseable.

The stock closed on January 4 at HK$0.061, down 59% with turnover amounted to HK$65.05 million.