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Tongdao Liepin Group Engages in Wealth Management Product Subscriptions

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Tongdao Liepin Group Engages in Wealth Management Product Subscriptions

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

Tongdao Liepin Group has announced the subscription of wealth management products through its subsidiaries, utilizing surplus cash reserves. The transactions, involving structured deposit products with XIB, total RMB200 million and are classified as discloseable transactions under the Hong Kong Stock Exchange’s 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$2.70 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: 3,252,979

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.82B

For an in-depth examination of 6100 stock, go to TipRanks’ Stock Analysis page.

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