China PengFei Group Limited (HK:3348) has released an update.
Claim 70% Off TipRanks Premium
- 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 PengFei Group Limited has announced updates to its treasury management plan, detailing the investment strategy and the current status of its subscription to the Taikang Kaitai Wealth Management Product. The company has successfully redeemed a portion of its subscription to meet dividend payment obligations, yielding an average annualized return of 4.11%. The remaining subscription is expected to align with the company’s treasury management plan for up to 12 months.
For further insights into HK:3348 stock, check out TipRanks’ Stock Analysis page.