Tongdao Liepin Subscribes to 157 Million Yuan of Wealth Management Products

MT Newswires Live

02/03

Tongdao Liepin Group (HKG:6100) said its units subscribed to 157 million yuan worth of wealth management products offered by Bank of Hangzhou, according to a Hong Kong bourse filing Monday.

Shares of the talent acquisition firm gained over 1% in morning trade Tuesday.

The structured deposit products were subscribed to between end December and start February.

Tongdao Liepin said the wealth management products will help utilize temporary idle funds.

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