Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
China Hongqiao Group Ltd. ( (HK:1378) ) has issued an update.
China Hongqiao Group Ltd. has announced the issuance of US$270 million in 6.925% Senior Unsecured Notes due 2028, with the proceeds intended for general corporate purposes. The notes have received approval in principle for listing on the SGX-ST, reflecting the company’s strategic financial maneuvers to bolster its operational capabilities and market positioning.
The most recent analyst rating on (HK:1378) stock is a Buy with a HK$18.00 price target. To see the full list of analyst forecasts on China Hongqiao Group Ltd. stock, see the HK:1378 Stock Forecast page.
More about China Hongqiao Group Ltd.
China Hongqiao Group Ltd. is a company incorporated in the Cayman Islands, primarily operating in the aluminum industry. It focuses on the production and sale of aluminum products, catering to various industrial sectors.
Average Trading Volume: 42,976,343
Technical Sentiment Signal: Buy
Current Market Cap: HK$142.1B
See more insights into 1378 stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue