Hengan Issues RMB2 Billion Second Tranche of Super Short-Term Commercial Papers

Hengan International Group Co ( (HK:1044) ) has issued an update.

Hengan International Group Company Limited has issued the second tranche of its super short-term commercial papers in mainland China’s interbank bond market. The company completed the RMB2 billion issuance on 9 February 2026, setting a coupon rate of 1.81% per annum and a 179-day tenor, leaving RMB1.8 billion of its approved debt financing quota still unissued.

Proceeds from the latest commercial paper issuance will be used to supplement working capital across the group and to repay existing debts and bank loans of certain domestic subsidiaries. The move signals Hengan’s continued use of low-cost, short-term financing to support liquidity, strengthen its balance sheet, and potentially optimize funding costs in the current interest rate environment.

The most recent analyst rating on (HK:1044) stock is a Hold with a HK$24.60 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 Company Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating in the consumer goods sector. The group is known for manufacturing and selling household and personal hygiene products in mainland China and other markets, serving a broad base of retail and institutional customers in the fast-moving consumer goods space.

YTD Price Performance: 2.58%

Average Trading Volume: 2,543,996

Technical Sentiment Signal: Hold

Current Market Cap: HK$33.22B

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