Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ) has shared an update.
China Datang Corporation Renewable Power has completed the issuance of its 2026 third tranche of ultra-short-term debentures, raising RMB2.0 billion in the mainland interbank bond market. The notes, which carry a 1.38% interest rate and mature in 122 days on 21 August 2026, were publicly placed via centralized book-building.
Industrial Bank served as lead underwriter and bookrunner, with Shanghai Pudong Development Bank and Beijing Rural Commercial Bank acting as joint lead underwriters. Proceeds will be used to repay existing borrowings and optimize the company’s financing structure, a move that may lower funding costs and strengthen its balance sheet without triggering related-party or major transaction classifications 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 operator in China’s renewable energy sector, focusing on the generation and sale of power from clean energy sources. The company taps domestic capital markets to support its development and manage its debt profile within the broader Chinese power industry.
Average Trading Volume: 20,734,850
Technical Sentiment Signal: Sell
Current Market Cap: HK$10.98B
Find detailed analytics on 1798 stock on TipRanks’ Stock Analysis page.