Huabao International Holdings (HK:0336) has released an update.
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Huabao International Holdings Limited has reported that its group members have collectively invested in financial products from the Bank of Hangzhou, the Bank of Changsha, and Hang Seng Bank, with a combined outstanding investment amount of RMB 1.406 billion. The company assures that these investments will yield reasonable returns without negatively affecting the group’s financial standing. These transactions are classified as disclosable under the Listing Rules, thereby requiring public disclosure and notification.
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