portal
  Home About us Reports Charts News Custom Company Scan  
Report Charts News
*
Title Content
Economy&Goods
  Economy
  ConsumerGoods
  Food&Beverage
  Agriculture
Life Sciences
  Biotechnology
  Medical
  Pharmaceutical
Manufacturing
  Automotive
  Chemical
  Energy
  Machinery
  Material
  Metals & Minerals
Public Sector
  Environment
  Finance Service
  Infrastructure
  Logistics
  Real Estate
  Retailing
  Tourism
  Training
Technology And Media
  Electronics
  Internet
  Hardware
  Media
  Software
  Telecommunications

Tel: 0086-10-82600828
Fax: 0086-10-82601570
Email:


 Jiuzhitang Plans 600M Yuan Of Short-Term Investments
 
CreateTime:2012-02-03     Source:CapitalVue Editor:houhaizhen
Text Size:       
 

February 3 -- Jiuzhitang (000989.SZ), a maker of traditional Chinese medicines such as donkey-hide gelatin blood tonic granules and Yiganning granules, plans to invest up to 600 million yuan worth of idle funds in short-term financial products over the next 30 months, reports China Securities Journal.

Since 2011, the company has bought a total of 420 million yuan worth of financial products from Industrial Bank (601166.SH), Bank of China (601988.SH,3988.HK) and Bank of Beijing (601169.SH), and obtained annualized return of between 5.7 percent and 6.63 percent.

According to Jiuzhitang, the investments will not impact its daily operations.

 


Related Reports
China Pharmaceutical Glass Packaging Industry Report, 2014-2017
2005-2021 www.researchinchina.com All Rights Reserved 京ICP备05069564号-1