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An announcement from Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H ( (HK:2411) ) is now available.
Shenzhen Pagoda Industrial (Group) Corp. Ltd., a joint stock company incorporated in China, has announced a further subscription of a CITIC Wealth Management Product valued at RMB160 million. This transaction, known as the Seventeenth Subscription, follows a previous subscription of RMB140 million and is part of the company’s strategic financial management. The transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules due to its percentage ratios, requiring notification and announcement. The product is a principal-preservation with floating income type, linked to the AUD/NZD exchange rate, with an expected annualized return rate ranging from 1.05% to 2.13%.
More about Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H
YTD Price Performance: -35.46%
Average Trading Volume: 7,095,445
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$1.25B
Learn more about 2411 stock on TipRanks’ Stock Analysis page.