LIANHUA (00980.HK) -0.140 (-5.036%) Short selling $414.32K; Ratio 5.275% announced that Lianhua Huashang, a subsidiary of the company, subscribed for the Bank of Hangzhou Wealth Management Product from Bank of Hangzhou in the aggregated amount of RMB200 million.
Expected rate of investment return is 4.5%, and the term of investment period is from 13 January 2017 to 12 January 2018.
The funds raised through this issue of wealth management product will be invested in bonds and bonds fund, including money market fund, interbank deposits and etc.; trusts and wealth management plans that invest in bonds; and securities.
(Quote is delayed for at least 15 mins.Short Selling Data as at 2017-01-20 16:25.)
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