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Tongdao Liepin Group ( (HK:6100) ) has issued an update.
Tongdao Liepin Group has announced a series of subscriptions for principal-guaranteed, fixed-income wealth management products through its subsidiary, TD Elite (HK) Information Technology Co., Limited. These subscriptions, issued by CGMHI and Morgan Stanley Finance LLC, total $76 million and are set to be redeemed by October 2025. The transactions are considered discloseable under the Hong Kong Stock Exchange Listing Rules, as they exceed the 5% but remain below the 25% threshold, thus requiring notification and announcement but not shareholder approval.
The most recent analyst rating on (HK:6100) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Tongdao Liepin Group stock, see the HK:6100 Stock Forecast page.
More about Tongdao Liepin Group
Average Trading Volume: 1,534,725
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.72B
See more insights into 6100 stock on TipRanks’ Stock Analysis page.