Eastroc Beverage Invests 250 Million Yuan in Financial Products

MT Newswires Live03-18

Eastroc Beverage (SHA:605499, HKG:9980) has invested 250 million yuan in financial products managed by Global Haitong Securities.

Unit Eastroc Beverage Marketing Guangdong subscribed to three trust plans of 110 million yuan, 90 million yuan and 50 million yuan, all with expected annual yields of 2.50%, according to a Wednesday filing with the Shanghai bourse.

The recent investment follows 12 previous subscriptions since August 2024, with expected yields ranging from 2.50% to 4.90%

Shares of the beverage company were down 1% in recent trades on the Shanghai and Hong Kong bourses.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment