Shenzhen Pagoda Industrial Invests 200 Million Yuan in China CITIC Bank's Wealth Management Product

MT Newswires Live

2025/01/06

Shenzhen Pagoda Industrial (Group) (HKG:2411) subscribed to 200 million yuan of a wealth management product by China CITIC Bank (HKG:0998, SHA:601998), a Jan. 3 bourse filing said.

The product has an expected annualized rate of return of 1.05% or 2.18%, and will fall due in 90 days.

The investment will help the fruit retailer get maximum returns from unutilized funds.

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