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An announcement from China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ) is now available.
China Datang Corporation Renewable Power has completed the first tranche of its 2026 renewable corporate bonds in mainland China, raising RMB2.0 billion from professional institutional investors. The bonds carry a three-year basic term, a par value of RMB100 and a 1.96% coupon, with interest accruing from 9 February 2026.
The proceeds will be used for productive purposes including repaying interest-bearing debt, replenishing working capital, and funding project investment and operations, potentially easing the company’s financing costs and supporting growth in its renewable portfolio. A consortium of major Chinese securities firms, led and trustee-managed by CITIC Securities, underwrote and bookran the issuance, underscoring solid access to domestic capital markets.
The most recent analyst rating on (HK:1798) stock is a Hold with a HK$2.00 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 producer focused on developing and operating clean power projects in mainland China. The company operates within the broader utilities and power generation sector, targeting institutional investors and capital markets in the PRC to support its expansion and ongoing operations.
YTD Price Performance: -2.43%
Average Trading Volume: 14,247,984
Technical Sentiment Signal: Hold
Current Market Cap: HK$14.62B
For detailed information about 1798 stock, go to TipRanks’ Stock Analysis page.