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Huabao International Holdings ( (HK:0336) ) has shared an update.
Huabao International Holdings Limited announced a further subscription to a financial product offered by China Zheshang Bank, with the total outstanding investment amounting to RMB525 million. This transaction has been classified as a discloseable transaction under Hong Kong’s Listing Rules due to the aggregate percentage ratio exceeding 5%, necessitating notification and announcement requirements. The company assures that the subscription will not adversely affect its financial position and anticipates reasonable interest gains.
More about Huabao International Holdings
Huabao International Holdings Limited is a company incorporated in Bermuda, primarily involved in the flavors and fragrances industry. The company focuses on producing and distributing flavor enhancers and related products, catering to various sectors including food and beverages.
Average Trading Volume: 10,385,406
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.27B
See more data about 0336 stock on TipRanks’ Stock Analysis page.