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Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H ( (HK:2411) ) has shared an announcement.
Shenzhen Pagoda Industrial (Group) Corp. Ltd. has announced a further subscription to a BOB Wealth Management Product valued at RMB180 million. This transaction, known as the Sixteenth Subscription, is a principal-preservation product with floating income, linked to the EUR/USD exchange rate. The subscription is considered a discloseable transaction under Hong Kong’s Listing Rules due to its size, requiring notification and announcement. This move reflects the company’s ongoing strategy to manage its financial assets, potentially impacting its financial stability and investor confidence.
More about Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H
YTD Price Performance: -27.66%
Average Trading Volume: 10,172,145
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$1.5B
See more data about 2411 stock on TipRanks’ Stock Analysis page.