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Datang Environment Industry Group Co., Ltd. Class H ( (HK:1272) ) has shared an announcement.
Datang Environment Industry Group Co., Ltd. has successfully issued the fourth tranche of its 2025 sci-tech innovation bonds, raising RMB500 million. The proceeds from this issuance, underwritten by Shanghai Pudong Development Bank, will be used to repay interest-bearing liabilities, potentially strengthening the company’s financial position and operational flexibility.
The most recent analyst rating on (HK:1272) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on Datang Environment Industry Group Co., Ltd. Class H stock, see the HK:1272 Stock Forecast page.
More about Datang Environment Industry Group Co., Ltd. Class H
Datang Environment Industry Group Co., Ltd. operates in the environmental industry, focusing on providing innovative solutions and services for environmental protection and energy conservation. The company is incorporated in the People’s Republic of China and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 386,862
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.5B
Find detailed analytics on 1272 stock on TipRanks’ Stock Analysis page.