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China Datang Renewable Power Raises RMB1 Billion via Ultra-Short-Term Debentures

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China Datang Renewable Power Raises RMB1 Billion via Ultra-Short-Term Debentures

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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 the issuance of its 2026 first tranche of ultra-short-term debentures, raising RMB1.0 billion in the onshore inter-bank bond market. The 101-day instruments, carrying an interest rate of 1.53% and underwritten by Industrial Bank and Bank of Jiangsu, will be used to repay existing borrowings and optimize the company’s financing structure, signalling continued active balance-sheet management without triggering any notifiable transaction requirements under Hong Kong listing rules.

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 Hong Kong-listed renewable energy company based in Beijing, focusing on the generation and sale of power from clean and renewable sources as part of China Datang Group’s wider power portfolio. Its securities are traded on the Stock Exchange of Hong Kong, and its financing activities often involve the onshore inter-bank bond market in mainland China.

YTD Price Performance: -0.49%

Average Trading Volume: 18,194,210

Technical Sentiment Signal: Sell

Current Market Cap: HK$14.91B

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

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