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Hengan International Group Co Issues First Tranche of Commercial Papers

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Hengan International Group Co Issues First Tranche of Commercial Papers

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Hengan International Group Co ( (HK:1044) ) just unveiled an announcement.

Hengan International Group Co has successfully issued the first tranche of its super short-term commercial papers, raising RMB1.0 billion with a coupon rate of 1.69% per annum. The proceeds will be used to supplement working capital and repay bank loans, enhancing the company’s financial stability and operational efficiency.

The most recent analyst rating on (HK:1044) stock is a Buy with a HK$40.00 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 is a company incorporated in the Cayman Islands, primarily operating in the financial market sector. The company focuses on issuing debt financing instruments to support its operations and subsidiaries.

Average Trading Volume: 3,343,302

Technical Sentiment Signal: Sell

Current Market Cap: HK$25.39B

See more data about 1044 stock on TipRanks’ Stock Analysis page.

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