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Sundy Service Group Co. Ltd ( (HK:9608) ) has provided an update.
Sundy Service Group Co. Ltd has directed subsidiary Sundy Property to subscribe to a principal-guaranteed structured deposit product from Hangzhou Bank, investing RMB12 million of internal idle funds to enhance returns. The low-risk, euro–US dollar exchange rate-linked product, carrying a floating annual interest rate of 0.45%–2.05% and maturing by 30 April 2026 with monthly early redemption flexibility, is classified as a discloseable transaction under Hong Kong listing rules and is intended to improve capital efficiency without affecting the group’s operational liquidity.
The most recent analyst rating on (HK:9608) stock is a Hold with a HK$0.06 price target. To see the full list of analyst forecasts on Sundy Service Group Co. Ltd stock, see the HK:9608 Stock Forecast page.
More about Sundy Service Group Co. Ltd
Sundy Service Group Co. Ltd, incorporated in the Cayman Islands and listed in Hong Kong, operates through subsidiaries including Sundy Property, which manages the group’s funds and financial products as part of its broader property-related services and investment activities.
Average Trading Volume: 1,128,703
Technical Sentiment Signal: Sell
Current Market Cap: HK$230.4M
See more data about 9608 stock on TipRanks’ Stock Analysis page.