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Huabao International Holdings ( (HK:0336) ) has issued an update.
Huabao International Holdings Limited announced a further subscription of financial products from the Bank of Jiangsu Group, totaling RMB1,210 million. This transaction, categorized as a discloseable transaction under Hong Kong’s Listing Rules, is expected to generate reasonable interest without adversely affecting the company’s financial position. The investment includes capital-protected structured deposits with varying maturity dates and interest rates, reflecting Huabao’s strategic financial management to optimize returns.
The most recent analyst rating on (HK:0336) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Huabao International Holdings stock, see the HK:0336 Stock Forecast page.
More about Huabao International Holdings
Huabao International Holdings Limited operates in the flavors and fragrances industry, focusing on the production and distribution of flavor enhancers and related products. The company primarily serves the food and beverage sector, providing essential ingredients that enhance taste and aroma.
YTD Price Performance: 111.75%
Average Trading Volume: 9,221,041
Technical Sentiment Signal: Buy
Current Market Cap: HK$14.08B
For detailed information about 0336 stock, go to TipRanks’ Stock Analysis page.