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China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ) has shared an announcement.
China Datang Corporation Renewable Power Co., Limited has successfully completed the public issuance of its second tranche of corporate bonds for 2025, raising RMB1.5 billion with a 3-year term and an interest rate of 1.88%. The proceeds from these bonds are intended for productive expenditures such as debt repayment, working capital replenishment, and project investments, which could enhance the company’s financial stability and operational capacity.
The most recent analyst rating on (HK:1798) stock is a Hold with a HK$2.50 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 generation and distribution of renewable power. It is involved in the issuance of corporate bonds to support its financial and operational endeavors.
Average Trading Volume: 22,480,548
Technical Sentiment Signal: Buy
Current Market Cap: HK$17.97B
See more data about 1798 stock on TipRanks’ Stock Analysis page.