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China Longyuan Power Completes RMB3 Billion Debenture Issuance

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China Longyuan Power Completes RMB3 Billion Debenture Issuance

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An update from China Longyuan Power Group ( (HK:0916) ) is now available.

China Longyuan Power Group has successfully completed the issuance of ultra short-term debentures worth RMB3.0 billion with a 240-day term and a coupon rate of 1.64%. The proceeds from this issuance will be utilized to replenish the company’s daily working capital and repay interest-bearing debt, potentially strengthening its 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 operating in the renewable energy industry, primarily focusing on wind power generation. It is one of the largest wind power producers in China and is listed on the Stock Exchange of Hong Kong.

YTD Price Performance: 12.91%

Average Trading Volume: 23,129,888

Technical Sentiment Signal: Hold

Current Market Cap: HK$108.2B

Find detailed analytics on 0916 stock on TipRanks’ Stock Analysis page.

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