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An announcement from China Power International Development ( (HK:2380) ) is now available.
China Power International Development Limited has announced the issuance of a RMB2 billion medium-term note in the People’s Republic of China. This third tranche of the year, with a maturity period of three years and a coupon rate of 1.82% per annum, is rated AAA with a stable outlook. The proceeds from this issuance will be used to repay maturing debts, potentially strengthening the company’s financial position and maintaining its creditworthiness.
The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.30 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
More about China Power International Development
China Power International Development Limited is a company incorporated in Hong Kong with a focus on the energy sector. It is involved in the development and operation of power plants, primarily in the People’s Republic of China, and engages in the production and sale of electricity.
Average Trading Volume: 28,911,099
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$38.22B
Find detailed analytics on 2380 stock on TipRanks’ Stock Analysis page.