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China Longyuan Power Group ( (HK:0916) ) has provided 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 57 days and a coupon rate of 1.61%. The proceeds from this issuance will be used to replenish daily working capital and repay interest-bearing debt, which is expected to support the company’s financial stability and operational efficiency.
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 involved in the energy sector, focusing on the production and distribution of power, particularly through renewable energy sources.
Average Trading Volume: 28,683,623
Technical Sentiment Signal: Hold
Current Market Cap: HK$112.7B
For a thorough assessment of 0916 stock, go to TipRanks’ Stock Analysis page.