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An update from Tongdao Liepin Group ( (HK:6100) ) is now available.
Tongdao Liepin Group has announced a series of subscriptions to wealth management products through its subsidiaries, involving a total principal amount of RMB298 million. These transactions, funded by the company’s surplus cash reserves, are classified as discloseable transactions under the Listing Rules, requiring notification and announcement but exempt from shareholder approval. The investments are principal-guaranteed with a low-risk level and offer an annualized return between 1.15% and 2.40%, reflecting the company’s strategic financial management and investment approach.
The most recent analyst rating on (HK:6100) stock is a Buy with a HK$6.20 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
Tongdao Liepin Group is a company incorporated in the Cayman Islands, operating in the financial sector with a focus on wealth management products. It engages in the subscription of structured deposit products through its subsidiaries, indicating a strategic interest in financial investments and wealth management.
Average Trading Volume: 2,461,566
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.92B
Find detailed analytics on 6100 stock on TipRanks’ Stock Analysis page.