Huaneng Power International Issues Third Tranche of Super Short-Term Debentures

An announcement from Huaneng Power International ( (HK:0902) ) is now available.

Huaneng Power International, Inc. has successfully issued its third tranche of super short-term debentures for 2025, amounting to RMB3 billion with a 62-day maturity and a 1.47% interest rate. The proceeds from this issuance will be used to enhance the company’s working capital, adjust its debt structure, and repay existing bank loans, thereby strengthening its financial position in the domestic bond market.

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. operates in the energy sector, primarily focusing on the generation and sale of electricity. The company is a significant player in the Chinese power industry, leveraging its extensive network of power plants to meet the growing energy demands in China.

YTD Price Performance: 13.55%

Average Trading Volume: 32,353,403

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$111.4B

For a thorough assessment of 0902 stock, go to TipRanks’ Stock Analysis page.