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360 Ludashi Holdings Limited ( (HK:3601) ) has provided an update.
360 Ludashi Holdings Limited, incorporated in the Cayman Islands, has announced a supplemental disclosure regarding its subscription of a Structured Deposit Product from China Merchants Bank. The product offers a maturity interest rate of either 1.00% or 2.01%, contingent on the linked gold price level. This rate is significantly higher than the current deposit interest rates offered by commercial banks in the PRC, making it an attractive investment for the company. The directors of 360 Ludashi Holdings Limited believe the terms of the agreement are fair, reasonable, and in the best interest of the company and its shareholders.
More about 360 Ludashi Holdings Limited
Average Trading Volume: 199,103
Technical Sentiment Signal: Buy
Current Market Cap: HK$269M
See more insights into 3601 stock on TipRanks’ Stock Analysis page.