Jiuzhou Pharma Redeems 160 Million Yuan in Cash Management Product

MT Newswires Live08-14

Zhejiang Jiuzhou Pharmaceutical (SHA:603456) redeemed cash management product worth 160 million yuan, according to a Shanghai bourse filing on Friday.

The product was purchased on Aug. 13, 2025, from Industrial and Commercial Bank of China (SHA:601398, HKG:1398).

The pharmaceutical company's shares dropped 4% at the close.

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