Wanguo International Mining Group Ltd. (HK:3939) has released an update.
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Wanguo International Mining Group Ltd. has announced a substantial investment of approximately USD 88 million in Morgan Stanley’s Money Market Fund. This strategic move aims to enhance the company’s treasury management by capitalizing on a 4.84% expected annual return, surpassing typical bank deposit yields. The investment reflects the company’s commitment to maximizing returns while maintaining liquidity and low-risk exposure.
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