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Sundy Service Group Co. Ltd ( (HK:9608) ) has shared an update.
Sundy Service Group Co. Ltd, through its subsidiary Hangzhou Xingrun, has entered into a Structured Deposit Product Agreement with China Minsheng Bank to subscribe for a principal-guaranteed deposit of RMB50 million. This strategic move aims to utilize the company’s idle funds more effectively and generate higher returns without affecting its operational liquidity, as the deposit is linked to the euro/dollar exchange rate and offers a floating interest rate between 1.0% and 1.84% over a 91-day term.
More about Sundy Service Group Co. Ltd
Average Trading Volume: 671,153
Technical Sentiment Signal: Sell
Current Market Cap: HK$410.9M
For detailed information about 9608 stock, go to TipRanks’ Stock Analysis page.