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The latest update is out from China Longyuan Power Group ( (HK:0916) ).
China Longyuan Power Group Corporation Limited has completed the issuance of ultra short-term debentures amounting to RMB3.0 billion with a 240-day term and a coupon rate of 1.62%. The proceeds from this issuance will be utilized to replenish the company’s daily working capital and repay interest-bearing debt, potentially strengthening its financial stability and operational efficiency.
The most recent analyst rating on (HK:0916) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on China Longyuan Power Group stock, see the HK:0916 Stock Forecast page.
More about China Longyuan Power Group
China Longyuan Power Group Corporation Limited is a leading company in the renewable energy industry, primarily focusing on wind power generation. It is a significant player in the Chinese market, contributing to the country’s sustainable energy goals.
YTD Price Performance: 12.91%
Average Trading Volume: 23,129,888
Technical Sentiment Signal: Hold
Current Market Cap: HK$108.2B
For an in-depth examination of 0916 stock, go to TipRanks’ Overview page.