Chengdu Kanghong Pharmaceutical (SHE:002773) purchased a 50-million-yuan structured deposit from Bank of Chengdu, as part of its 3.8-billion-yuan wealth management program.
The 92-day product offers a guaranteed minimum yield of 1.00% and a maximum expected yield of 1.80%, according to a Friday filing with the Shenzhen bourse.
Shares of the pharmaceutical company closed 8% higher Friday.