China Feihe (HKG:6186) unit Heilongjiang Feihe Dairy subscribed for 200 million yuan of a financial product by China Construction Bank (HKG:0939, SHA:601939) using its idle funds, a Monday filing with the Hong Kong bourse said.
The product has an expected annual return rate of 2.65% per annum and will fall due Feb. 25, 2026, according to the dairy products company.
As of Monday, the firm has nearly 3.31 billion yuan of wealth management and structured deposit financial products subscribed from China Construction Bank.
Shares of China Feihe were up over 1% in recent trade.
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