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Tongdao Liepin Group Engages in Major Wealth Management Subscriptions

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Tongdao Liepin Group Engages in Major Wealth Management Subscriptions

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Tongdao Liepin Group ( (HK:6100) ) has shared an update.

Tongdao Liepin Group has announced significant subscriptions in wealth management products through its subsidiaries. These transactions, involving both XIB and Bank of Hangzhou, were funded by the company’s surplus cash reserves and redeemed principal amounts from previous subscriptions. The transactions are categorized as discloseable under the Listing Rules, requiring notification and announcement but not shareholder approval.

The most recent analyst rating on (HK:6100) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Tongdao Liepin Group stock, see the HK:6100 Stock Forecast page.

More about Tongdao Liepin Group

Average Trading Volume: 2,182,400

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.12B

See more data about 6100 stock on TipRanks’ Stock Analysis page.

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