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An announcement from Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H ( (HK:2411) ) is now available.
Shenzhen Pagoda Industrial (Group) Corporation Limited has announced a further subscription of a CITIC wealth management product amounting to RMB140 million. This transaction, along with a previous subscription, constitutes a discloseable transaction under Hong Kong’s Listing Rules due to the aggregated percentage ratios exceeding 5% but remaining below 25%. The wealth management product is a principal-preservation type with a floating income, linked to the AUD/USD exchange rate, and carries a low-risk rating.
More about Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H
YTD Price Performance: -21.28%
Average Trading Volume: 11,948,863
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$1.63B
For a thorough assessment of 2411 stock, go to TipRanks’ Stock Analysis page.