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The latest announcement is out from Beijing Chunlizhengda Medical Instruments Co., Ltd. Class H ( (HK:1858) ).
Beijing Chunlizhengda Medical Instruments Co., Ltd. announced its subscription to structured deposit products with China Construction Bank and Bank of Beijing, totaling RMB860 million. These transactions, funded by temporary idle proceeds and internal resources, are classified as discloseable transactions under Hong Kong’s listing rules, indicating a strategic move to optimize financial resources without requiring shareholder approval.
More about Beijing Chunlizhengda Medical Instruments Co., Ltd. Class H
Beijing Chunlizhengda Medical Instruments Co., Ltd. is a joint stock limited company incorporated in China, engaged in the medical instruments industry. The company focuses on producing and distributing medical devices, leveraging its market presence in China to expand its operations.
YTD Price Performance: 12.41%
Average Trading Volume: 416,417
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.11B
For detailed information about 1858 stock, go to TipRanks’ Stock Analysis page.