China Longyuan Power Group (HK:0916) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
China Longyuan Power Group has successfully completed the issuance of ultra short-term debentures worth RMB1.8 billion, with a 178-day term and a 1.98% coupon rate. The funds raised will be primarily used to repay interest-bearing debt and replenish working capital. This strategic financial move aims to enhance the company’s liquidity and operational flexibility.
For further insights into HK:0916 stock, check out TipRanks’ Stock Analysis page.
