Zhejiang Leapmotor Invests in Wealth Management Products to Enhance Financial Position

Zhejiang Leapmotor Technology Co., Ltd. Class H ( (HK:9863) ) has issued an update.

Zhejiang Leapmotor Technology Co., Ltd. has announced its subscription to various wealth management products offered by SPD Bank, Industrial Bank, and CITIC Bank. These investments, which are principal guaranteed with floating returns, are part of the company’s financial strategy to manage its resources effectively. The move is likely to impact the company’s financial positioning by potentially enhancing its investment income, thereby supporting its operational and strategic objectives.

The most recent analyst rating on (HK:9863) stock is a Buy with a HK$44.20 price target. To see the full list of analyst forecasts on Zhejiang Leapmotor Technology Co., Ltd. Class H stock, see the HK:9863 Stock Forecast page.

More about Zhejiang Leapmotor Technology Co., Ltd. Class H

Zhejiang Leapmotor Technology Co., Ltd. is a company incorporated in the People’s Republic of China, operating in the automotive industry with a focus on electric vehicles and related technologies.

Average Trading Volume: 15,071,145

Technical Sentiment Signal: Buy

Current Market Cap: HK$83.03B

See more data about 9863 stock on TipRanks’ Stock Analysis page.