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Hengan International Group Co ( (HK:1044) ) has provided an update.
Hengan International Group Co. has announced the successful issuance of the second tranche of its super short-term commercial papers, amounting to RMB0.7 billion with a 1.71% annual coupon rate and a term of 278 days. The proceeds from this issuance will be used to supplement the company’s working capital and repay bank loans, enhancing its financial flexibility and operational efficiency.
The most recent analyst rating on (HK:1044) stock is a Buy with a HK$28.50 price target. To see the full list of analyst forecasts on Hengan International Group Co stock, see the HK:1044 Stock Forecast page.
More about Hengan International Group Co
Hengan International Group Co., incorporated in the Cayman Islands, operates in the consumer goods industry, focusing primarily on the production and distribution of personal hygiene products. The company is known for its market presence in Asia, particularly in the manufacturing of sanitary napkins, baby diapers, and tissue paper products.
Average Trading Volume: 3,100,691
Technical Sentiment Signal: Hold
Current Market Cap: HK$28.82B
For a thorough assessment of 1044 stock, go to TipRanks’ Stock Analysis page.