Ding said the company could get stable incomes from asset appreciation globally.

"The target price of Bohai Leasing is 11.7 yuan ($1.84) per share," Ding said.

Bohai Leasing shares rose by the 10 percent daily limit to 8.69 yuan per share in Shanghai on Monday after it resumed trading from a suspension since Nov 2.

Financial leasing firms see 84.7% growth in numbers in 2014

As many as 979 new financial leasing firms were set up in China during 2014, an 84.76 percent growth over the numbers in 2013, said a report released by the China Financial Leasing 30 Forum.

The rapid growth was attributed to the growth of foreign leasing firms in China, with as many as 943 new foreign leasing firms being registered in China last year, the report said.

However, the growth in the leasing firms' business was not commensurate with the surge in numbers. "The main reason for this is the large number of new startups and the fact that they did not get any substantial business," it said.

Financial leasing firms' business mainly focuses on aviation, high-end equipment and agriculture industries. The report said the policy environment for the financial leasing industry, including laws, taxes and supervision, has improved in the past two years.

The State Council recently released guidelines to promote the industry's development and announced steps like encouraging financial leasing firms to expand their financing channels that are seen as positive.

Big cities, including Beijing, Shanghai, Guangzhou and Tianjin, are the main locations for financial leasing firms. About 68.9 percent of the financial leasing firms are housed in these four cities, with the local governments also providing some supporting policies for the industry.