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China Datang Completes RMB1 Billion Bond Issuance

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China Datang Completes RMB1 Billion Bond Issuance

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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 first tranche of corporate bonds for 2025, raising RMB1 billion with an interest rate of 1.75% over a two-year term. The proceeds are intended for productive expenditures such as debt repayment, working capital replenishment, and project investments, which could enhance the company’s operational capabilities and market positioning.

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 supply of renewable power.

Average Trading Volume: 21,994,629

Technical Sentiment Signal: Buy

Current Market Cap: HK$17.82B

For detailed information about 1798 stock, go to TipRanks’ Stock Analysis page.

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