China Feihe Limited (HK:6186) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
China Feihe Limited’s subsidiary, Feihe HLJ, has invested RMB400 million in a financial product from Construction Bank, aiming to enhance capital gains with a higher return than typical bank deposits. This strategic move aligns with the company’s objectives of ensuring capital safety and liquidity while supporting its operational and dividend needs. The investment is seen as low-risk and beneficial for the company’s shareholders.
For further insights into HK:6186 stock, check out TipRanks’ Stock Analysis page.