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360 Ludashi Invests in Gold-Linked Deposit for Better Returns
Company Announcements

360 Ludashi Invests in Gold-Linked Deposit for Better Returns

360 Ludashi Holdings Limited (HK:3601) has released an update.

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360 Ludashi Holdings Limited, through its subsidiary Anyixun Technology, has invested RMB43 million in a gold-linked structured deposit product with China Merchants Bank. This new financial move is aimed at maximizing returns from the company’s idle funds, with the deposit offering a floating interest rate based on gold prices. The investment, which is principal-guaranteed, is set for a 62-day term, reflecting the company’s strategic approach to fund management.

For further insights into HK:3601 stock, check out TipRanks’ Stock Analysis page.

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