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China Longyuan Power Group ( (HK:0916) ) just unveiled an announcement.
China Longyuan Power Group Corporation Limited has successfully completed the issuance of ultra short-term debentures amounting to RMB2.0 billion with a term of 180 days and a coupon rate of 1.47%. The proceeds from this issuance will be utilized to replace existing interest-bearing debt and to replenish working capital, potentially strengthening the company’s financial position and operational capacity.
The most recent analyst rating on (HK:0916) stock is a Buy with a HK$8.00 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 company involved in the energy sector, focusing on power generation and related services. It operates primarily within the renewable energy industry, contributing to sustainable energy solutions.
Average Trading Volume: 25,526,648
Technical Sentiment Signal: Buy
Current Market Cap: HK$115.8B
For a thorough assessment of 0916 stock, go to TipRanks’ Stock Analysis page.