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An announcement from Huaneng Power International ( (HK:0902) ) is now available.
Huaneng Power International, Inc. has successfully issued its eleventh tranche of super short-term commercial papers for 2025, amounting to RMB3 billion with a 50-day maturity period and an interest rate of 1.45%. The proceeds from this issuance will be used to supplement the company’s working capital, adjust its debt structure, and repay bank loans, thereby enhancing its financial flexibility and operational efficiency.
The most recent analyst rating on (HK:0902) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.
More about Huaneng Power International
Huaneng Power International, Inc. operates in the energy sector, primarily focusing on the generation and sale of electric power. The company is a major player in the Chinese market, providing a significant portion of the country’s electricity needs.
Average Trading Volume: 33,711,572
Technical Sentiment Signal: Buy
Current Market Cap: HK$131.3B
Learn more about 0902 stock on TipRanks’ Stock Analysis page.