Shanghai Fudan Zhangjiang Bio Pharmaceutical Co (HK:1349) has released an update.
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Shanghai Fudan Zhangjiang Bio Pharmaceutical Co has committed RMB 200 million to a structured deposit product with Ping An Bank. This investment, funded by the company’s unused operational funds, offers a principal-guaranteed return linked to the price of gold, with expected annualized returns ranging from 0.65% to 2.10%. The 87-day deposit reflects a strategic move to optimize idle funds while navigating medium to low risk.
For further insights into HK:1349 stock, check out TipRanks’ Stock Analysis page.
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