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The latest update is out from 360 Ludashi Holdings Limited ( (HK:3601) ).
360 Ludashi Holdings Limited, through its subsidiary Chengdu Qilu, has entered into a new structured deposit agreement with China Merchants Bank to optimize the use of its idle funds. The agreement involves a RMB50 million gold-linked structured deposit product, which is principal-guaranteed with a floating interest rate tied to gold prices. This transaction is considered a discloseable transaction under Hong Kong’s Listing Rules, reflecting the company’s strategic financial management to enhance returns.
More about 360 Ludashi Holdings Limited
YTD Price Performance: 10.59%
Average Trading Volume: 231,614
Technical Sentiment Signal: Sell
Current Market Cap: HK$252.9M
Learn more about 3601 stock on TipRanks’ Stock Analysis page.