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Huaneng Power International ( (HK:0902) ) just unveiled an update.
Huaneng Power International, Inc. has successfully issued its ninth tranche of mid-term notes for 2025, amounting to RMB2 billion with a 1.97% interest rate. The proceeds will be used to enhance the company’s working capital, restructure debts, and repay bank loans, indicating a strategic move to strengthen its financial position.
The most recent analyst rating on (HK:0902) stock is a Hold with a HK$5.00 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. is a major player in the energy sector, primarily engaged in the generation and sale of electricity. The company operates a wide array of power plants and is focused on both domestic and international markets, leveraging various financing instruments to support its operations.
YTD Price Performance: 18.93%
Average Trading Volume: 32,128,005
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$111.4B
For a thorough assessment of 0902 stock, go to TipRanks’ Stock Analysis page.