360 Ludashi Holdings Limited (HK:3601) has released an update.
360 Ludashi Holdings Limited has announced the subscription of a new Structured Deposit Product with China Merchants Bank, following the maturity and redemption of a previous deposit. The new product, involving a principal of RMB 45 million, is an exchange rate-linked deposit with a 21-day term, aiming to utilize the company’s idle funds more effectively. This transaction is classified as discloseable under Chapter 14 of the Listing Rules due to its aggregated percentage ratios.
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