Asia Tele-Net and Technology (HKG:0679) said it will subscribe to a 15 million yuan certificate of deposit issued by the Tokyo branch of Industrial and Commercial Bank of China (HKG:1398, SHA:601398) as part of its treasury investment strategy, according to a Tuesday bourse filing.
Shares of the company lost 2% in Wednesday afternoon trade.
The product carries a 0% coupon and will mature in 165 days on Dec. 23, and the principal amount subscribed is 14.9 million yuan, with the transaction set to complete on July 11.
Asia Tele-Net said the deposit offers a better return than RMB fixed-term deposits in Hong Kong and is in line with its ordinary treasury activities.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。