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Beijing Jingneng Completes Second ABCP Issuance with 1.76% Coupon Rate

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Beijing Jingneng Completes Second ABCP Issuance with 1.76% Coupon Rate

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Beijing Jingneng Clean Energy Co., Ltd. Class H ( (HK:0579) ) has shared an announcement.

Beijing Jingneng Clean Energy Co., Ltd. announced the completion of the book-building process for its Second Asset-Backed Commercial Paper (ABCP) issuance, with a coupon rate of 1.76% for the priority class. This development is expected to enhance the company’s financial flexibility and strengthen its position in the clean energy market, potentially benefiting stakeholders through improved operational capabilities.

The most recent analyst rating on (HK:0579) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Beijing Jingneng Clean Energy Co., Ltd. Class H stock, see the HK:0579 Stock Forecast page.

More about Beijing Jingneng Clean Energy Co., Ltd. Class H

Beijing Jingneng Clean Energy Co., Ltd. operates in the clean energy sector, focusing on the production and distribution of renewable energy solutions in China.

Average Trading Volume: 8,399,419

Technical Sentiment Signal: Buy

Current Market Cap: HK$19.62B

For detailed information about 0579 stock, go to TipRanks’ Stock Analysis page.

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