Archosaur Games Inc. (HK:9990) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Archosaur Games Inc. announced that its subsidiaries, Beijing Mermaid and Shanghai Huan Zhi Meng, have made substantial financial product subscriptions with Ping An Bank and Shanghai Pudong Development Bank, totaling RMB 88 million and RMB 87 million respectively. Additionally, the company disclosed significant investments in financial products of China Everbright Bank amounting to RMB 146.4 million. These transactions are classified as discloseable and are subject to reporting and announcement requirements, but do not require shareholder approval.
For further insights into HK:9990 stock, check out TipRanks’ Stock Analysis page.