Sundy Service Group Engages in Structured Deposit to Optimize Idle Funds
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Sundy Service Group Co. Ltd (HK:9608) has entered a Structured Deposit Product Agreement with China Minsheng Bank, investing RMB50 million in a principal-guaranteed deposit linked to the euro/dollar exchange rate. This 90-day term deposit aims to optimize idle funds and enhance returns. The transaction is discloseable under Listing Rules due to its percentage ratios. Year-to-date, the stock has declined by 16.96%, with an average trading volume of 882,586 and a current market cap of HK$733.4M.
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