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Hisense Home Appliances Group Co ( (HK:0921) ) has provided an announcement.
Hisense Home Appliances Group Co., Ltd. announced that its subsidiaries have subscribed to Hua Xia Wealth Management Products with an aggregate amount of RMB1,760,000,000, utilizing idle funds for this investment. This move is part of the company’s strategy to improve capital efficiency and increase returns on cash assets through short-term, medium- to low-risk investments, reflecting a proactive approach in managing its financial resources.
The most recent analyst rating on (HK:0921) stock is a Buy with a HK$30.00 price target. To see the full list of analyst forecasts on Hisense Home Appliances Group Co stock, see the HK:0921 Stock Forecast page.
More about Hisense Home Appliances Group Co
Hisense Home Appliances Group Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. The company operates in the home appliances industry, focusing primarily on the production and marketing of air conditioners and refrigerators.
Average Trading Volume: 2,351,178
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$38.06B
For detailed information about 0921 stock, go to TipRanks’ Stock Analysis page.