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Beauty Farm Invests in Wealth Management Products

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Beauty Farm Invests in Wealth Management Products

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Beauty Farm Medical & Health Industry, Inc. ( (HK:2373) ) has issued an update.

Beauty Farm Medical & Health Industry Inc. announced the subscription of wealth management products to optimize the use of idle funds. The company, through its subsidiaries, invested a total of RMB250 million in principal-guaranteed products from ICBC. The transactions, when aggregated, exceed 5% of applicable percentage ratios, making them discloseable under Hong Kong’s Listing Rules.

More about Beauty Farm Medical & Health Industry, Inc.

Beauty Farm Medical & Health Industry Inc. operates in the medical and health industry, focusing on providing health-related services and products.

YTD Price Performance: 3.03%

Average Trading Volume: 472,973

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$4.31B

For an in-depth examination of 2373 stock, go to TipRanks’ Stock Analysis page.

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