--- title: "DAS uses HKD 30 million of idle raised funds to buy structured deposits from CCB" type: "News" locale: "en" url: "https://longbridge.com/en/news/257315926.md" description: "The board of DAS has agreed to use no more than 50 million yuan of idle raised funds for cash management, recently using 30 million yuan to purchase structured deposits from China Construction Bank, with a term of 58 days and an expected annualized yield of 0.65% - 1.82%. The company will implement risk control measures to address market volatility risks and has disclosed the usage of idle raised funds over the past 12 months" datetime: "2025-09-15T08:23:51.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/257315926.md) - [en](https://longbridge.com/en/news/257315926.md) - [zh-HK](https://longbridge.com/zh-HK/news/257315926.md) generator: "portal-rs" --- # DAS uses HKD 30 million of idle raised funds to buy structured deposits from CCB On August 13, 2025, the board of directors of DAS agreed to use no more than 50 million yuan of idle raised funds for cash management, with a validity period of 12 months. Recently, the company used 30 million yuan of idle raised funds to purchase the "Unit RMB Customized Structured Deposit 2025 No. 248" product from China Construction Bank Shenzhen Branch, with a term of 58 days and an expected annualized yield of 0.65% - 1.82%, which is a principal-protected floating income type. The company has no related party relationship with the trustee. Although the investment product has low risk, there is still a risk of market fluctuations leading to returns not meeting expectations and principal loss. The company will take multiple risk control measures. In addition, it also announced the situation of idle raised funds used to purchase cash management products in the past 12 months ### Related Stocks - [002421.CN](https://longbridge.com/en/quote/002421.CN.md) - [601939.CN](https://longbridge.com/en/quote/601939.CN.md) - [CICHY.US](https://longbridge.com/en/quote/CICHY.US.md) - [00939.HK](https://longbridge.com/en/quote/00939.HK.md) ## Related News & Research - [China Construction Bank Indonesia director Junianto lifts stake to 2,497,123 shares from 1,996,923 shares in August](https://longbridge.com/en/news/298249042.md) - [Masco (MAS) Stock Still Seems Cheap On A 37% Three Year Run](https://longbridge.com/en/news/298362709.md) - [Client Rollouts At Alkami Stock Have Changed Its Investment Story](https://longbridge.com/en/news/298321107.md) - [G Sachs: China's Second Round of Capital Injection for Large Banks Strengthens Capital, ICBC RMB100B Placement Dilution Impact Manageable](https://longbridge.com/en/news/298160577.md) - [Chinese Bank Stocks Priced For Bad News As Beijing Injects 360b Yuan](https://longbridge.com/en/news/298164961.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**