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Baiwang Co., Ltd. Subscribes to Structured Deposit Products

Story Highlights
  • Baiwang Co., Ltd. subscribed to structured deposit products totaling RMB110.0 million.
  • The transactions are disclosable under Listing Rules due to their aggregated percentage ratios.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Baiwang Co., Ltd. Subscribes to Structured Deposit Products

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Baiwang Co., Ltd. Class H ( (HK:6657) ) has provided an announcement.

Baiwang Co., Ltd., a joint stock company incorporated in the People’s Republic of China, has announced its subscription to structured deposit products issued by China Construction Bank. On April 11, 2025, the company placed orders for these products with a total principal amount of RMB110.0 million. This follows a previous subscription of RMB50.0 million on November 7, 2024, which was redeemed. The structured deposit products are principal guaranteed with a floating return, and the transactions are considered disclosable under the Listing Rules due to their aggregated percentage ratios exceeding 5% but being less than 25%. The funding for these subscriptions comes from the company’s internal funds and not from its initial public offering proceeds.

More about Baiwang Co., Ltd. Class H

YTD Price Performance: 0.72%

Average Trading Volume: 12,995

Technical Sentiment Signal: Strong Buy

For detailed information about 6657 stock, go to TipRanks’ Stock Analysis page.

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