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China Carbon Neutral Development Completes HK$57.7 Million Convertible Bond Issue to Restructure Debt

Story Highlights
  • China Carbon Neutral Development issued HK$57.66 million in convertible bonds to settle existing debt.
  • The two-year bond settlement converts short-term debt to long-term, easing cash pressure and aiding growth plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Carbon Neutral Development Completes HK$57.7 Million Convertible Bond Issue to Restructure Debt

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The latest announcement is out from China Carbon Neutral Development Group Limited ( (HK:1372) ).

China Carbon Neutral Development Group Limited has completed the issuance of HK$57.66 million in convertible bonds to subscribers under a specific mandate, with closing taking place on 14 January 2026. The bonds, which will be used solely to settle existing indebtedness on a dollar-for-dollar basis, are structured to be settled over two years, converting current liabilities into non-current liabilities and easing immediate repayment and cash flow pressure. By offsetting liabilities without cash outflows and extending the repayment horizon, the company expects greater flexibility in deploying financial resources toward business development, and its board considers the terms of the subscription and the convertible bonds to be fair, reasonable, and in the interests of shareholders overall.

The most recent analyst rating on (HK:1372) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Carbon Neutral Development Group Limited stock, see the HK:1372 Stock Forecast page.

More about China Carbon Neutral Development Group Limited

China Carbon Neutral Development Group Limited operates globally in the carbon-neutral sector, focusing on trading carbon-credit assets, developing and managing carbon assets, and investing in carbon-neutral related fields, supported by a blockchain-based dual-carbon digital control platform that connects resources across the low-carbon value chain. The group also runs a green development platform providing ESG-related services under a “Green Finance Open Platform,” and undertakes civil engineering, building construction and maintenance works.

Average Trading Volume: 5,139,167

Technical Sentiment Signal: Buy

Current Market Cap: HK$964.4M

See more data about 1372 stock on TipRanks’ Stock Analysis page.

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