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China Longyuan Power Group ( (HK:0916) ) has issued an announcement.
China Longyuan Power Group Corporation Limited has successfully completed the issuance of RMB2.5 billion in mid-term notes with a three-year term and a 1.72% coupon rate. The funds raised will be used to replenish daily working capital or repay interest-bearing debts, potentially enhancing the company’s financial stability and operational efficiency.
The most recent analyst rating on (HK:0916) stock is a Buy with a HK$9.60 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 prominent player in the renewable energy industry, primarily focusing on the development, construction, and operation of wind power projects. The company is known for its significant contributions to the clean energy sector and has a strong market presence in China.
Average Trading Volume: 28,588,557
Technical Sentiment Signal: Buy
Current Market Cap: HK$113.1B
Learn more about 0916 stock on TipRanks’ Stock Analysis page.