tiprankstipranks
China Feihe Allocates RMB300M in Financial Product
Company Announcements

China Feihe Allocates RMB300M in Financial Product

China Feihe Limited (HK:6186) has released an update.

Don't Miss our Black Friday Offers:

China Feihe Limited, a Cayman Islands-incorporated dairy and nutritional supplements company, has announced a RMB300 million investment in a non-principal guaranteed financial product offered by Construction Bank. The investment aims to utilize idle funds to generate higher returns compared to traditional bank savings, aligning with the company’s objectives of maintaining capital safety and liquidity. The terms of the deal are confirmed to be commercially viable and in the best interest of the company and its shareholders.

For further insights into HK:6186 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App