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An update from Huaneng Power International ( (HK:0902) ) is now available.
Huaneng Power International has completed the issuance of its first tranche of super short-term commercial papers for 2026, raising RMB3 billion in the domestic interbank bond market. The 27-day notes, carrying an interest rate of 1.42% and underwritten by China CITIC Bank and China Minsheng Banking, form part of a broader debt financing mandate of up to RMB170 billion approved at the company’s 2024 annual general meeting, and are intended to supplement working capital, adjust the firm’s debt structure and repay existing bank loans and maturing obligations, underscoring its ongoing efforts to manage liquidity and leverage without triggering major listing-rule transaction requirements.
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. is a major Chinese power producer, primarily engaged in the investment, construction and operation of power plants and related businesses within and outside the People’s Republic of China. Its operations are closely tied to domestic energy demand and financing conditions in China’s capital markets, where it regularly issues debt instruments to support working capital needs and optimize its capital structure.
Average Trading Volume: 28,071,290
Technical Sentiment Signal: Buy
Current Market Cap: HK$117.9B
Find detailed analytics on 0902 stock on TipRanks’ Stock Analysis page.