360 Ludashi Holdings Limited (HK:3601) has released an update.
360 Ludashi Holdings Limited has utilized its idle cash to subscribe to a new Structured Deposit Product from China Merchants Bank for RMB43 million, following the maturity and redemption of a previous structured deposit. The fresh investment is linked to gold prices, offering a principal-guaranteed return with a floating interest rate, and is part of a series of similar financial activities that classify the transaction as discloseable under the Listing Rules.
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