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Hisense Home Appliances Group Co ( (HK:0921) ) has shared an announcement.
Hisense Home Appliances Group Co., Ltd. announced its subscription to Hua Xia Wealth Management Products, totaling RMB2,340,000,000, using its idle funds. This strategic move, approved in 2024, aims to enhance capital efficiency and increase returns on cash assets through short-term, medium- to low-risk investments. The transactions are considered discloseable under Hong Kong’s Listing Rules, reflecting Hisense’s proactive financial management to optimize asset utilization.
More about Hisense Home Appliances Group Co
Hisense Home Appliances Group Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating within the home appliances industry. The company primarily focuses on the production and marketing of air conditioners and refrigerators, catering to both domestic and international markets.
YTD Price Performance: -9.38%
Average Trading Volume: 190
Technical Sentiment Signal: Hold
Current Market Cap: $4.71B
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