Beisen, Unit Invest in Wealth Management Products
MT Newswires Live12-10
Beisen (HKG:9669) subscribed for nearly $12.7 million of a wealth management product from Haitong International Asset Management (HK), a Monday bourse filing said.
The Beijing branch company of Beisen Cloud Computing also subscribed for 90 million yuan and 50 million yuan of wealth management products from Bank of China (SHA:601988, HKG:3988) and Xiamen International Bank, respectively.
The subscriptions came about in order for the cloud-based human capital management (HCM) solutions provider to put its idle funds to better use.
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.
