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The latest announcement is out from Sundy Service Group Co. Ltd ( (HK:9608) ).
Sundy Service Group Co. Ltd, through its subsidiary Sundy Property, has subscribed to a principal-guaranteed structured deposit product from Hangzhou Bank worth RMB12 million, using internal idle funds to enhance yields without straining working capital. The deposit, linked to the EUR/USD spot exchange rate under Hangzhou Bank’s low-risk “Tianlibao” product, carries an expected annualised interest range of 0.45% to 2.15%, runs from May to October 2026 with monthly calculation and optional early redemption, and qualifies as a discloseable transaction under Hong Kong listing rules, signalling the group’s continued conservative yet return-focused treasury management.
More about Sundy Service Group Co. Ltd
Sundy Service Group Co. Ltd is a property services company listed in Hong Kong, operating through subsidiaries such as Sundy Property. The group focuses on managing property-related operations and financial assets, primarily in mainland China, and seeks to optimise returns on idle funds while maintaining sufficient liquidity for its core services and projects.
Average Trading Volume: 1,059,019
Technical Sentiment Signal: Sell
Current Market Cap: HK$188.2M
Learn more about 9608 stock on TipRanks’ Stock Analysis page.