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China Everbright ( (HK:0257) ) has provided an update.
China Everbright Environment Group Limited announced that its subsidiary, Everbright Environmental Protection (China) Limited, has received approval from the National Association of Financial Market Institutional Investors for the registration of asset-backed notes worth up to RMB4 billion. This approval marks a significant step in the company’s financial strategy, although the issuance of these notes is not guaranteed, and stakeholders are advised to exercise caution.
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 services and solutions. Its primary services include waste-to-energy, waste management, and renewable energy projects, primarily targeting the Chinese market.
Average Trading Volume: 19,901,284
Technical Sentiment Signal: Buy
Current Market Cap: HK$31.21B
See more data about 0257 stock on TipRanks’ Stock Analysis page.