Beisen Holding Ltd. (HK:9669) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Beisen Holding Limited, through its subsidiary Beisen Cloud Computing, has subscribed to wealth management products worth RMB300 million from XIB, bringing its total investment in such products to RMB410 million. These investments are categorized as discloseable transactions under the Listing Rules, requiring notification but exempt from shareholder approval. The products subscribed are principal-guaranteed with low risk and have a structured deposit format with expected annualized returns up to 3.21%.
For further insights into HK:9669 stock, check out TipRanks’ Stock Analysis page.