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China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ) just unveiled an announcement.
China Datang Corporation Renewable Power Co., Limited has completed the issuance of its 2026 second tranche of ultra-short-term debentures in China’s interbank bond market, raising RMB1.0 billion. The 101-day instruments, bearing an interest rate of 1.54% and maturing on 24 April 2026, were led by China Minsheng Banking Corp., Ltd. as lead underwriter and bookrunner with Agricultural Bank of China Limited as joint lead underwriter. The proceeds will be used to repay existing borrowings and optimize the company’s financing structure, a move that could lower funding costs and enhance balance-sheet flexibility without triggering any notifiable transaction requirements under Hong Kong’s 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 focused on developing, owning and operating clean power generation projects in the People’s Republic of China. The group’s core business centers on wind, solar and other renewable power assets, supporting China’s broader energy transition and low-carbon development goals.
Average Trading Volume: 17,186,381
Technical Sentiment Signal: Sell
Current Market Cap: HK$14.91B
Learn more about 1798 stock on TipRanks’ Stock Analysis page.