Fudan-Zhangjiang Deploys RMB110 Million in Low-Risk Structured Deposits
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Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. has invested RMB110 million in low-risk structured deposits from China Merchants Bank. The 83-day term products offer an expected annual return of 1.00%–1.65% linked to gold. This investment is classified as a cautious-risk transaction under Hong Kong listing rules, requiring reporting but not shareholder approval. The company aims to enhance returns on surplus cash while maintaining its risk profile and capital structure. Fudan-Zhangjiang is a biopharmaceutical firm focused on research and development in the healthcare sector, with a market cap of HK$965 million.
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