Huabao International Raises RMB1.2 Billion Exposure to Bank of Jiangsu Structured Deposits

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2026.01.23 08:39
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Huabao International Holdings has announced that its subsidiaries have invested an additional RMB1.2 billion in structured deposit products from Bank of Jiangsu. This investment, which includes RMB1.11 billion from agreements signed in 2025, is expected to yield annual returns of 1.28% to 2.06% and will mature in March 2026. The company stated that previous products have been fully redeemed and that this investment will not negatively impact its financial position. The stock currently holds a Hold rating with a price target of HK$4.50.