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China Everbright ( (HK:0257) ) has shared an announcement.
China Everbright Environment Group Limited has successfully completed the issuance of its 2025 ABN Series 1 Green Private Placement Asset-backed Notes, with a total face value of RMB787 million. The proceeds from this issuance will be utilized by its subsidiary, Everbright Environmental Protection (China) Limited, for working capital replenishment, debt repayment, and other purposes aligned with national industrial policies, potentially strengthening the company’s financial position and operational capabilities.
The most recent analyst rating on (HK:0257) stock is a Buy with a HK$5.70 price target. To see the full list of analyst forecasts on China Everbright stock, see the HK:0257 Stock Forecast page.
More about China Everbright
China Everbright Environment Group Limited operates in the environmental protection industry, focusing on providing environmental protection and alternative energy services. The company is involved in the development and operation of waste-to-energy, biomass power generation, hazardous waste treatment, and solar energy projects, primarily serving the Chinese market.
Average Trading Volume: 18,916,806
Technical Sentiment Signal: Buy
Current Market Cap: HK$29.55B
For a thorough assessment of 0257 stock, go to TipRanks’ Stock Analysis page.