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An announcement from China Feihe Limited ( (HK:6186) ) is now available.
China Feihe Limited’s subsidiary, Feihe HLJ, has subscribed to SPD Bank’s financial product, Xinyue Fengli No.196, investing RMB100 million of its idle funds, with an expected annual return rate of 2.85%. This strategic investment is aimed at enhancing capital gains while maintaining low risk, aligning with the company’s financial management objectives. The company has implemented internal controls to ensure that this investment supports its operational liquidity and shareholder interests.
More about China Feihe Limited
China Feihe Limited, incorporated in the Cayman Islands, is primarily engaged in the production and sale of dairy products, raw milk, and nutritional supplements. The company’s shares are listed on the Main Board of the Stock Exchange.
YTD Price Performance: -2.75%
Average Trading Volume: 15,839,952
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$48B
For an in-depth examination of 6186 stock, go to TipRanks’ Stock Analysis page.
