China Datang Completes RMB1 Billion Debenture Issuance

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

China Datang Corporation Renewable Power Co., Limited announced the completion of its third tranche of ultra-short-term debentures for 2025, amounting to RMB1 billion with a 42-day maturity period and an interest rate of 1.57%. The proceeds from this issuance will be used to repay existing borrowings and enhance the company’s financing structure, potentially strengthening its financial position and operational capabilities in the renewable energy market.

The most recent analyst rating on (HK:1798) stock is a Hold with a HK$1.95 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 listed on The Stock Exchange of Hong Kong Limited and engages in various financial activities to support its operations.

YTD Price Performance: 17.79%

Average Trading Volume: 9,056,593

Technical Sentiment Signal: Buy

Current Market Cap: HK$17.82B

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