Asia
Fulai New Material Buys 30 Million Yuan in Structured Deposit
Zhejiang Fulai New Material (SHA:605488) purchased a structured deposit of 30 million yuan from China Construction Bank after redeeming a previous investment.The 31-day principal-guaranteed product offers an expected annualized yield of between 0.65% and 1.90% and matures on June 15, according to a Friday filing with the Shanghai bourse.Shares of the functional coating composite materials manufacturer closed 3% higher Friday.
SHA:605488