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The latest update is out from JS Global Lifestyle Company Limited ( (HK:1691) ).
JS Global Lifestyle Company Limited has entered into a foreign exchange forward contract valued at CNH872 million to hedge against currency risks involving CNH/USD, JPY, AUD, NZD, and SGD. This strategic move is intended to manage currency exposure arising from the SharkNinja APAC segment’s operations and financial sources, aligning with the company’s interests and benefiting its shareholders.
More about JS Global Lifestyle Company Limited
JS Global Lifestyle Company Limited is engaged in trading innovative small household appliances under the brand names Joyoung, Shark, and Ninja. The company operates primarily in two segments: Joyoung and SharkNinja APAC, with a market focus on transformational household products.
YTD Price Performance: 34.53%
Average Trading Volume: 86,640,465
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$6.4B
For detailed information about 1691 stock, go to TipRanks’ Stock Analysis page.