Stock Track | Yidu Tech Soars 5.09% After Subscribing to $120 Million in Treasury Management Products

Stock Track

Jun 06

Yidu Tech Inc (02158.HK) saw its stock price surge 5.09% in the pre-market trading session on Friday, following the announcement of its subscription to treasury management products worth a total of $120 million.

According to the company's statement, Yidu Tech has subscribed for treasury management products offered by both Goldman Sachs (GS) and JPMorgan (JPM). The deal with JPMorgan involves the subscription of fixed-rate callable notes amounting to $60 million. Similarly, the subscription with Goldman Sachs is for a fixed-rate callable note with a principal amount of $60 million.

This strategic financial move appears to have boosted investor confidence in Yidu Tech's cash management and potential returns. The market's positive reaction suggests that shareholders view this as a prudent use of the company's funds, potentially leading to improved financial stability and returns for the tech firm.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1110336672"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1110336672\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1110336672?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-06 09:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1110336672","market":"us","top_or_hot":-1,"title":"Stock Track | Yidu Tech Soars 5.09% After Subscribing to $120 Million in Treasury Management Products","media":"Stock Track","content":"<p>Yidu Tech Inc (02158.HK) saw its stock price surge 5.09% in the pre-market trading session on Friday, following the announcement of its subscription to treasury management products worth a total of $120 million.</p>\n\n<p>According to the company's statement, Yidu Tech has subscribed for treasury management products offered by both Goldman Sachs (GS) and JPMorgan (JPM). The deal with JPMorgan involves the subscription of fixed-rate callable notes amounting to $60 million. Similarly, the subscription with Goldman Sachs is for a fixed-rate callable note with a principal amount of $60 million.</p>\n\n<p>This strategic financial move appears to have boosted investor confidence in Yidu Tech's cash management and potential returns. The market's positive reaction suggests that shareholders view this as a prudent use of the company's funds, potentially leading to improved financial stability and returns for the tech firm.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Yidu Tech Soars 5.09% After Subscribing to $120 Million in Treasury Management Products</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Yidu Tech Soars 5.09% After Subscribing to $120 Million in Treasury Management Products\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-06-06 09:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Yidu Tech Inc (02158.HK) saw its stock price surge 5.09% in the pre-market trading session on Friday, following the announcement of its subscription to treasury management products worth a total of $120 million.</p>\n\n<p>According to the company's statement, Yidu Tech has subscribed for treasury management products offered by both Goldman Sachs (GS) and JPMorgan (JPM). The deal with JPMorgan involves the subscription of fixed-rate callable notes amounting to $60 million. Similarly, the subscription with Goldman Sachs is for a fixed-rate callable note with a principal amount of $60 million.</p>\n\n<p>This strategic financial move appears to have boosted investor confidence in Yidu Tech's cash management and potential returns. The market's positive reaction suggests that shareholders view this as a prudent use of the company's funds, potentially leading to improved financial stability and returns for the tech firm.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02158","symbol_name":"医渡科技","start_time":0,"source_url":"","article_id":"1110336672","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1110336672","pubTimestamp":1749173799,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Yidu Tech Inc  saw its stock price surge 5.09% in the pre-market trading session on Friday, following the announcement of its subscription to treasury management products worth a total of $120 million.According to the company's statement, Yidu Tech has subscribed for treasury management products offered by both Goldman Sachs  and JPMorgan . The deal with JPMorgan involves the subscription of fixed-rate callable notes amounting to $60 million. Similarly, the subscription with Goldman Sachs is for","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02158":"医渡科技"},"translate_title":"股票赛道医渡科技认购1.2亿美元资金管理产品后飙升5.09%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02158":1},"content_text":"Yidu Tech Inc (02158.HK) saw its stock price surge 5.09% in the pre-market trading session on Friday, following the announcement of its subscription to treasury management products worth a total of $120 million.\nAccording to the company's statement, Yidu Tech has subscribed for treasury management products offered by both Goldman Sachs (GS) and JPMorgan (JPM). The deal with JPMorgan involves the subscription of fixed-rate callable notes amounting to $60 million. Similarly, the subscription with Goldman Sachs is for a fixed-rate callable note with a principal amount of $60 million.\nThis strategic financial move appears to have boosted investor confidence in Yidu Tech's cash management and potential returns. The market's positive reaction suggests that shareholders view this as a prudent use of the company's funds, potentially leading to improved financial stability and returns for the tech firm.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}