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China Longyuan Power Group ( (HK:0916) ) has shared 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 180-day term and a coupon rate of 1.56%. The proceeds from this issuance will be used to replace existing interest-bearing debt and replenish working capital, potentially strengthening the company’s financial position and operational flexibility.
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 energy sector, primarily focusing on the development and management of wind power projects. It is a significant player in the renewable energy market, particularly in China, with a commitment to sustainable energy solutions.
Average Trading Volume: 31,022,041
Technical Sentiment Signal: Hold
Current Market Cap: HK$117.9B
For a thorough assessment of 0916 stock, go to TipRanks’ Stock Analysis page.