Shenzhen Pagoda Industrial Subscribes for BOB, CITIC's Wealth Products for 400 Million Yuan

MT Newswires Live
17 Oct 2024

Shenzhen Pagoda Industrial (Group) (HKG:2411) said it subscribed for a BOB Wealth Management Product and CITIC Wealth Management Product with 170 million yuan and 230 million yuan, respectively using its group's internal excess funds, a Wednesday Hong Kong bourse filing said.

The company subscribed to the Bank of Beijing's EUR/USD Fixed-day Observation Range Structured Deposit for 170 million yuan on Tuesday. the term of the product is 89 days from Thursday and has an expected annualized return rate between 1.30% and 2.50%.

The fruit retailer subscribed to China CITIC Bank's Win-Win Huixin Exchange Rate Linked RMB Structured Deposit Issue 06051 for 230 million yuan on Wednesday. The product's term is 89 days from Thursday and it has an annualized expected return rate between 1.05% and 2.43%.

Price (HKD): $1.44, Change: $+0.020, Percent Change: +1.41%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10