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China Longyuan Power Group ( (HK:0916) ) has issued an update.
China Longyuan Power Group has successfully completed the issuance of ultra short-term debentures worth RMB2.3 billion, with a term of 180 days and a coupon rate of 1.54%. The proceeds from this issuance will be utilized for replenishing daily working capital and repaying interest-bearing debt, which could enhance the company’s financial stability and operational efficiency.
The most recent analyst rating on (HK:0916) stock is a Buy with a HK$7.10 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 sector, primarily focusing on wind power generation. It operates in the energy industry, providing sustainable energy solutions and contributing to the development of green energy initiatives.
Average Trading Volume: 29,197,288
Technical Sentiment Signal: Buy
Current Market Cap: HK$114.1B
Find detailed analytics on 0916 stock on TipRanks’ Stock Analysis page.