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The latest update is out from China Longyuan Power Group ( (HK:0916) ).
China Longyuan Power Group has successfully completed the issuance of RMB2.0 billion in ultra short-term debentures, with a 180-day term and a coupon rate of 1.56%. The proceeds from this issuance will be used to replenish working capital and repay interest-bearing debt, potentially strengthening the company’s financial position and operational capabilities.
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 company operating in the renewable energy sector, primarily focusing on the production and distribution of wind power. It is a significant player in the energy market, contributing to sustainable energy solutions.
Average Trading Volume: 31,022,041
Technical Sentiment Signal: Hold
Current Market Cap: HK$117.9B
See more data about 0916 stock on TipRanks’ Stock Analysis page.