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The latest announcement is out from China Feihe Limited ( (HK:6186) ).
China Feihe Limited has announced that its group has subscribed to a series of wealth management and structured deposit financial products offered by SPD Bank for the years 2024 and 2025. The aggregated subscription of these financial products is classified as a discloseable transaction according to the Listing Rules, requiring notification and announcement but exempting shareholder approval. This strategic move could potentially enhance the company’s financial portfolio, impacting its market positioning and signaling a proactive approach in managing its investment assets.
More about China Feihe Limited
YTD Price Performance: -5.14%
Average Trading Volume: 20,559,040
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$46.83B
Learn more about 6186 stock on TipRanks’ Stock Analysis page.