tiprankstipranks
Trending News
More News >

Binhai Investment Secures Favorable RMB300 Million Loan

Story Highlights
Binhai Investment Secures Favorable RMB300 Million Loan

Confident Investing Starts Here:

An update from Binhai Investment Co ( (HK:2886) ) is now available.

Binhai Investment Company Limited announced that its subsidiary, Tianjin TEDA Binhai Clean Energy Group, has secured a RMB300 million medium-term loan from multiple banks at a favorable interest rate below the Loan Prime Rate. This strategic financial move is part of the company’s plan to optimize its financing, reduce costs, and strengthen its financial foundation for future growth.

More about Binhai Investment Co

Binhai Investment Company Limited operates in the clean energy sector, focusing on providing energy solutions through its subsidiaries. The company is involved in optimizing financial management and reducing financing costs to support its strategic development.

YTD Price Performance: 4.35%

Average Trading Volume: 546,954

Current Market Cap: HK$1.62B

For detailed information about 2886 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1