East Buy (HKG:1797) subscribed to a wealth management product offered by China Minsheng Bank (HKG:1988, SHA:600016) in the principal amount of 50 million yuan, according to a Friday Hong Kong bourse filing.
The product offers a floating annualized return of 2.60% to 3% with a maturity of Dec. 1, 2026, the e-commerce firm said.
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