Easou Technology Invests $6 Million in Wealth Product Using Idle Top-up Placing Funds

MT Newswires Live
11/11

Easou Technology (HKG:2550) said it has subscribed to a $6.45 million wealth management product issued by Huatai International Financial Products, using idle proceeds from its earlier top-up placing, according to a Monday Hong Kong bourse filing.

Shares of the firm were up nearly 2% in Tuesday's late-morning trade.

The investment, guaranteed by Huatai International Financial, carries an annualized return of 3.8% over a six-month term from Nov. 13, 2025, to May 13, 2026.

Easou said the move aims to enhance the utilization efficiency and returns on idle funds while maintaining liquidity.

Net proceeds from the top-up placing totalled HK$180.7 million, earmarked for AI research, overseas expansion in online games and short dramas, and upgrades to its intelligent advertising platforms.

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