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The latest announcement is out from 360 Ludashi Holdings Limited ( (HK:3601) ).
360 Ludashi Holdings Limited, through its subsidiary Chengdu Mijiayou, has entered into a new structured deposit agreement with China Merchants Bank to utilize idle funds and generate better returns. The agreement involves a RMB50 million gold-linked structured deposit, which is principal-guaranteed with a floating interest rate determined by the performance of gold prices. This transaction is considered discloseable under Hong Kong’s Listing Rules due to its aggregated percentage ratios.
The most recent analyst rating on (HK:3601) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on 360 Ludashi Holdings Limited stock, see the HK:3601 Stock Forecast page.
More about 360 Ludashi Holdings Limited
Average Trading Volume: 186,196
Technical Sentiment Signal: Buy
Current Market Cap: HK$271.7M
For detailed information about 3601 stock, go to TipRanks’ Stock Analysis page.