China Dongxiang Enhances Investment Strategy with RMB Fund Subscription
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China Dongxiang (Group) Co. has announced a supplemental disclosure regarding its subscription to an RMB Fund focused on fixed income assets, aiming for stable returns and low default risk. This aligns with the company's strategy for capital preservation and steady income generation. The RMB Fund Manager, established in 2018, is a licensed private securities investment fund manager. The latest analyst rating for HK:3818 stock is a Hold with a price target of HK$0.50.
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