China Feihe Limited Enhances Capital Gains Through Strategic Investment
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The latest announcement is out from China Feihe Limited ( (HK:6186) ).
China Feihe Limited has announced that its wholly-owned subsidiary, Feihe HLJ, has subscribed to a financial product offered by SPD Bank, investing RMB200 million using idle funds. This strategic move aims to enhance capital gains while maintaining low risk, aligning with the company’s objectives of ensuring capital safety and liquidity. The subscription is expected to provide a higher return compared to traditional savings, without impacting the company’s working…
