China BlueChemical Unit Invests 150 Million Yuan in Structured Deposits

MT Newswires Live06-10

China BlueChemical Unit Invests 150 Million Yuan in Structured Deposits China BlueChemical (HKG:3983) unit CNOOC Kingboard Chemical invested 150 million yuan in a structured deposit product offered by...

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The product has an expected annualized return rate of between 1.3% and 2.77% and will fall due in 343 days. According to the fertilizer maker, the investment was made to utilize the company's idle funds better. 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