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An announcement from China Dongxiang (Group) Co ( (HK:3818) ) is now available.
China Dongxiang (Group) Co., Ltd. has announced a supplemental disclosure regarding its subscription of interests in an RMB Fund. The RMB Fund focuses on fixed income assets, such as government and policy bonds, and aims to provide stable returns with low default risk. The fund aligns with the company’s strategy of capital preservation and steady income generation, offering diversification and liquidity benefits. The RMB Fund Manager, established in 2018, is a licensed private securities investment fund manager with significant experience and assets under management, ensuring effective fund management.
The most recent analyst rating on (HK:3818) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Dongxiang (Group) Co stock, see the HK:3818 Stock Forecast page.
More about China Dongxiang (Group) Co
Average Trading Volume: 8,781,293
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.91B
Find detailed analytics on 3818 stock on TipRanks’ Stock Analysis page.