Tongdao Liepin Group Engages in Significant Wealth Management Subscriptions
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Tongdao Liepin Group (HK:6100) has announced significant subscriptions for principal-guaranteed, fixed-income wealth management products totaling $76 million through its subsidiary, TD Elite. These products, issued by CGMHI and Morgan Stanley Finance LLC, are set to be redeemed by October 2025. The transactions are discloseable under Hong Kong Stock Exchange rules. The current analyst rating for HK:6100 is Hold with a price target of HK$3.50, and the company's market cap is HK$1.72B.
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