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China Conch Venture Holdings ( (HK:0586) ) has shared an announcement.
China Conch Venture Holdings has issued a second and third tranche of its 2026 green medium-term notes in China, raising RMB840 million and RMB700 million respectively. Both five-year, unsecured tranches carry a 1.75% coupon and were placed via the Bond Connect channel to onshore investors.
The proceeds will primarily be used to repay a maturing second tranche of 2023 green medium-term notes, effectively refinancing existing green debt at relatively low cost. The notes carry an AAA rating from China Lianhe Credit Rating, underscoring the group’s strong credit profile and supporting its position in China’s green financing market while potentially reducing refinancing risk for stakeholders.
The most recent analyst rating on (HK:0586) stock is a Buy with a HK$15.00 price target. To see the full list of analyst forecasts on China Conch Venture Holdings stock, see the HK:0586 Stock Forecast page.
More about China Conch Venture Holdings
China Conch Venture Holdings Limited is a Cayman Islands–incorporated company listed in Hong Kong, operating through subsidiaries in mainland China. The group focuses on environmentally oriented businesses, including green financing via onshore bond markets, and targets institutional investors through platforms such as Bond Connect.
YTD Price Performance: 20.74%
Average Trading Volume: 8,894,259
Technical Sentiment Signal: Buy
Current Market Cap: HK$20.34B
See more data about 0586 stock on TipRanks’ Stock Analysis page.