China Feihe Limited (HK:6186) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- 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.
China Feihe Limited has invested RMB400 million of its surplus funds in a non-principal guaranteed fixed income product offered by Construction Bank, aiming to enhance capital gains with a higher return compared to typical bank deposits. This strategic move ensures the company’s financial flexibility while maintaining low risk and supporting its operational and shareholder interests. The investment underscores Feihe’s focus on effective capital management and maximizing returns.
For further insights into HK:6186 stock, check out TipRanks’ Stock Analysis page.