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The latest update is out from China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ).
China Datang Corporation Renewable Power Co., Limited announced the payment details for the fourth tranche of its 2023 mid-term notes, which are due on August 16, 2025. The bonds, issued at an interest rate of 2.85%, amount to RMB 1 billion, with a total repayable amount of RMB 1,028,500,000. The payment process involves transferring funds through the Interbank Market Clearing House, with provisions for adjustments if payment dates fall on statutory holidays. This financial move is part of the company’s strategy to manage its debt obligations and maintain its financial stability.
The most recent analyst rating on (HK:1798) stock is a Hold with a HK$1.85 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. The company is involved in the issuance of financial instruments to support its operations and growth in the renewable energy market.
YTD Price Performance: 14.57%
Average Trading Volume: 8,606,001
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$16.87B
For an in-depth examination of 1798 stock, go to TipRanks’ Overview page.