Hisense Home Appliances Group Co (HK:0921) has released an update.
Hisense Home Appliances Group Co. has announced the subscription of wealth management products through its subsidiaries, with a combined investment of RMB 2.23 billion, aimed at efficiently utilizing idle funds to enhance capital returns. These transactions, which fall between 5% and 25% of the company’s applicable percentage ratios, are classified as discloseable under the Listing Rules. The investments, carried out from June 2023 to July 2024, involve medium-low risk products without guaranteed principal, focusing on short-term gains.
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