Beijing Digital Telecom Engages in Strategic Structured Deposit Agreements

Beijing Digital Telecom Co. Ltd. Class H ( (HK:6188) ) has issued an announcement.

Beijing Digital Telecom Co., Ltd. has announced that Zhuhai Dixintong, a subsidiary, entered into two significant structured deposit agreements on 17 February 2025. These agreements involve subscribing to a structured deposit of RMB140 million with the Bank of Communications and RMB50 million with Industrial Bank. As these transactions exceed certain financial thresholds, they are categorized as discloseable transactions under Hong Kong’s Listing Rules, mandating specific notifications and announcements. These strategic financial maneuvers are likely to impact the company’s financial positioning by leveraging structured financial instruments, potentially enhancing returns while ensuring capital protection.

More about Beijing Digital Telecom Co. Ltd. Class H

Beijing Digital Telecom Co., Ltd. operates in the telecommunications industry, providing a range of telecommunications products and services. The company is involved in selling mobile devices and offering related services, with a focus on the Chinese market.

YTD Price Performance: 1.25%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €77.02M

For detailed information about 6188 stock, go to TipRanks’ Stock Analysis page.