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Lonking Holdings ( (HK:3339) ) has shared an announcement.
Lonking Holdings Limited, a company incorporated in the Cayman Islands, has announced a discloseable transaction involving investments in various wealth management products. These investments, which include products from BOC, CCB, CITIC, CMBC, FOTIC, ICBC, and SPBD, have outstanding principal amounts ranging from RMB410 million to RMB1,246.2 million. The transaction is subject to reporting and announcement requirements under the Listing Rules, as the highest applicable percentage ratio for each investment exceeds 5% but is below 25%. This strategic move reflects Lonking Holdings’ efforts to manage its financial resources effectively, potentially impacting its financial performance and offering insights into its investment strategy.
More about Lonking Holdings
YTD Price Performance: 26.32%
Average Trading Volume: 7,958
Technical Sentiment Signal: Sell
Current Market Cap: $1.08B
See more insights into 3339 stock on TipRanks’ Stock Analysis page.