China Datang Completes Issuance of Ultra-Short-Term Debentures

China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ) has issued an update.

China Datang Corporation Renewable Power Co., Limited has successfully completed the issuance of its 2025 second tranche of ultra-short-term debentures, amounting to RMB1 billion with a maturity period of 79 days and an interest rate of 1.52%. The proceeds from this issuance will be used to repay existing borrowings and improve the company’s financing structure, potentially enhancing its financial stability and operational efficiency.

The most recent analyst rating on (HK:1798) stock is a Hold with a HK$1.80 price target. To see the full list of analyst forecasts on China Datang Corp. Renewable Power Co. Ltd. Class H stock, see the HK:1798 Stock Forecast page.

More about China Datang Corp. Renewable Power Co. Ltd. Class H

China Datang Corporation Renewable Power Co., Limited is a company operating in the renewable energy sector, focusing on the development and management of renewable power projects.

Average Trading Volume: 13,152,221

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$16.51B

For a thorough assessment of 1798 stock, go to TipRanks’ Stock Analysis page.