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Sipai Health Technology Co., Ltd. ( (HK:0314) ) has issued an announcement.
Sipai Health Technology Co., Ltd. has entered into a subscription agreement with JPM to invest in a wealth management product, specifically a Callable Fixed Coupon Note, with a principal amount of US$30 million and an expected annual return rate of 4.58%. This investment is part of the company’s treasury management strategy to maximize returns on surplus cash, offering better yields and flexibility compared to other products, and is considered beneficial for the company and its shareholders.
More about Sipai Health Technology Co., Ltd.
Sipai Health Technology Co., Ltd. is a company incorporated in the Cayman Islands, operating in the health technology sector. It focuses on leveraging technology to enhance health-related services and products.
Average Trading Volume: 12,249,334
Technical Sentiment Signal: Hold
Current Market Cap: HK$3.7B
Learn more about 0314 stock on TipRanks’ Stock Analysis page.