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China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ) just unveiled an update.
China Datang Corporation Renewable Power has completed a second tranche public issuance of renewable corporate bonds in mainland China, raising RMB1.0 billion. The bonds carry a three-year basic term, a nominal value of RMB100, and an issuing interest rate of 1.79%, with interest accruing from 16 April 2026.
The bonds were placed with professional institutional investors, with Guotai Haitong Securities acting as lead underwriter, trustee, and bookrunner alongside several joint lead underwriters. Proceeds will fund productive uses including repayment of interest-bearing debt, replenishing working capital, and supporting project investment and operations, strengthening the company’s capital structure and financing capacity for future growth.
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 mainland China-based renewable energy producer focused on generating power from clean sources. The company operates within the broader utilities and energy sector, and its activities center on developing, investing in, and operating renewable power projects to support China’s energy transition.
Average Trading Volume: 20,312,737
Technical Sentiment Signal: Sell
Current Market Cap: HK$10.77B
See more insights into 1798 stock on TipRanks’ Stock Analysis page.