China Resources Double-Crane Pharmaceutical Plans Up to 500-Million-Yuan Investment in Financial Products

MT Newswires Live

2024/12/27

China Resources Double-Crane Pharmaceutical (SHA:600062) is planning to purchase low-risk bank financial products using idle funds to improve capital efficiency and generate additional investment income.

The company is planning to invest up to 500 million yuan, according to a Friday filing with the Shanghai bourse.

Shares of the pharmaceutical company rose 1% in recent trade.

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