Tongdao Liepin Group Engages in Strategic Wealth Management Subscriptions
Tongdao Liepin Group (HK:6100) has announced multiple subscriptions of structured deposit products through its subsidiaries, funded by surplus cash reserves. These transactions, classified as discloseable under Listing Rules, do not require shareholder approval. The latest analyst rating for the stock is a Hold with a price target of HK$4.00. The company's current market cap is HK$1.84B, with an average trading volume of 1,792,929.
Tongdao Liepin Group ( (HK:6100) ) has provided an update.
Tongdao Liepin Group has announced multiple subscriptions of structured deposit products through its subsidiaries with XIB and BoH, totaling significant investments. These transactions are funded by the company’s surplus cash reserves and previously redeemed structured deposits, reflecting strategic financial management. The subscriptions, which exceed a 5% but less than 25% applicable percentage ratio, are classified as discloseable transactions under the Listing Rules, requiring notification and announcement but not shareholder approval.
The most recent analyst rating on (HK:6100) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Tongdao Liepin Group stock, see the HK:6100 Stock Forecast page.
More about Tongdao Liepin Group
Average Trading Volume: 1,792,929
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.84B
Find detailed analytics on 6100 stock on TipRanks’ Stock Analysis page.
