huabao intl (00336.HK) announced that its member companies subscribed to four financial products from bank of hangzhou yesterday (18th), with a total investment of 0.35 billion RMB.
huabao intl expects to earn interest from the above-mentioned financial products. In addition, the relevant financial products are funded by the group's excess cash balance and have high liquidity, so investing in these financial products will not affect the group's working capital or operations. (js/k)
~