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China Everbright Seeks Approval for RMB20 Billion Debt Financing Instruments

Story Highlights
  • China Everbright Limited applies for RMB20 billion debt financing registration in the PRC.
  • The issuance of debt instruments depends on market conditions and approval timing.
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China Everbright Seeks Approval for RMB20 Billion Debt Financing Instruments

Elevate Your Investing Strategy:

China Everbright ( (HK:0165) ) just unveiled an announcement.

China Everbright Limited has applied to the National Association of Financial Market Institutional Investors in the PRC for the registration of multiple types of debt financing instruments, with a total value not exceeding RMB20 billion. These instruments, once approved, will be issued in multiple tranches over two years and traded on the China Interbank Bond Market. The company has received an ‘AAA’ credit rating from China Chengxin International Credit Rating Co., Ltd., indicating strong creditworthiness. However, the issuance is subject to market conditions, and there remains uncertainty regarding the approval and timing of the registration.

More about China Everbright

China Everbright Limited is a company incorporated in Hong Kong with limited liability, operating in the financial industry. It focuses on providing a range of financial services and investment products, with a market focus on the People’s Republic of China.

Average Trading Volume: 44,757,693

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$13.68B

See more data about 0165 stock on TipRanks’ Stock Analysis page.

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