--- title: "Qeeka Home Deploys RMB40 Million Idle Funds Into Low-Risk SPDB Wealth Product" type: "News" locale: "en" url: "https://longbridge.com/en/news/283090739.md" description: "Qeeka Home (Cayman) Inc. has invested RMB40 million of its idle funds into a low-risk wealth management product from Shanghai Pudong Development Bank. This 90-day structured deposit, linked to the EUR/USD exchange rate, offers a minimum annualized return of 0.70%, with potential upside to 1.85%. The investment is seen as a prudent use of surplus cash, enhancing returns while maintaining liquidity, without impacting the company's core operations in home improvement and marketing services." datetime: "2026-04-17T04:39:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283090739.md) - [en](https://longbridge.com/en/news/283090739.md) - [zh-HK](https://longbridge.com/zh-HK/news/283090739.md) --- # Qeeka Home Deploys RMB40 Million Idle Funds Into Low-Risk SPDB Wealth Product ### Claim 30% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The latest update is out from Qeeka Home (Cayman) Inc. ( (HK:1739) ). Qeeka Home (Cayman) Inc. has directed RMB40 million of its internal idle funds into a short-term, principal-guaranteed wealth management product issued by Shanghai Pudong Development Bank via its controlled entity Shanghai Qiyi. The 90-day structured deposit, pegged to the EUR/USD exchange rate, offers a minimum annualized return of 0.70% with potential upside to 1.85% at a relatively low risk level. The company said the product yields better returns than comparable short-term bank deposits in China and will not affect its working capital or daily operations. Management views the move as a prudent use of surplus cash that enhances returns while maintaining liquidity, positioning the group to optimize its treasury management without disrupting its core home-improvement and marketing services businesses. **More about Qeeka Home (Cayman) Inc.** Qeeka Home (Cayman) Inc. operates in the home improvement and interior services sector, focusing on SaaS-based total marketing solutions and targeted marketing services for industry participants. The group also provides interior design and construction, international service business offerings and other initiative services aimed at supporting home renovation and related demand in China. **Average Trading Volume:** 140,244 **Technical Sentiment Signal:** Sell **Current Market Cap:** HK$230.4M For a thorough assessment of 1739 stock, go to TipRanks’ Stock Analysis page. ### Related Stocks - [600000.CN](https://longbridge.com/en/quote/600000.CN.md) - [01739.HK](https://longbridge.com/en/quote/01739.HK.md) ## Related News & Research - [M/I HOMES ANNOUNCES ELECTION OF GENE SMITH TO BOARD OF DIRECTORS | MHO Stock News](https://longbridge.com/en/news/286806285.md) - [PRECIOUS-Gold ticks up as bonds rout pauses](https://longbridge.com/en/news/287062202.md) - [RPX Gold targets H1 2027 prefeasibility study for Wawa Gold Project](https://longbridge.com/en/news/287058329.md) - [PRECIOUS-Gold falls with MidEast war in focus after Trump pauses strike](https://longbridge.com/en/news/286878933.md) - [Hartford Funds Management Co LLC Raises Stock Position in Lowe's Companies, Inc. $LOW](https://longbridge.com/en/news/286877689.md)