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Tongdao Liepin Group ( (HK:6100) ) just unveiled an update.
Tongdao Liepin Group has announced a series of subscriptions to wealth management products through various subsidiaries, totaling several million RMB. These investments are part of the company’s strategy to utilize its surplus cash reserves, and they are structured as principal-guaranteed deposits with low risk and pegged to the EUR/USD exchange rate. The transactions are considered discloseable under the Hong Kong Stock Exchange’s listing rules, but they do not require shareholder approval.
The most recent analyst rating on (HK:6100) stock is a Hold with a HK$3.50 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: 1,519,235
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.63B
See more data about 6100 stock on TipRanks’ Stock Analysis page.