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Huaneng Power International ( (HK:0902) ) just unveiled an announcement.
Huaneng Power International has completed the issuance of its second tranche of super short-term commercial papers for 2026, raising RMB3 billion in the domestic interbank bond market. The 27-day debentures, issued at an interest rate of 1.42% and underwritten by China Bohai Bank and Industrial Bank, fall within the company’s broader RMB170 billion debt financing mandate approved at its 2024 annual general meeting. Proceeds will be used to supplement working capital, optimize the firm’s debt structure, and repay bank loans and maturing obligations, signaling ongoing efforts to manage liquidity and funding costs without triggering any notifiable transaction requirements under Hong Kong listing rules.
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 power generation company based in the People’s Republic of China, operating primarily in the electricity sector. The company focuses on developing, operating and managing large-scale power plants and related assets to supply power to domestic markets, and it raises capital both onshore and offshore through various debt financing instruments.
Average Trading Volume: 27,883,080
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$117.9B
For detailed information about 0902 stock, go to TipRanks’ Stock Analysis page.