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Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H ( (HK:1635) ) just unveiled an announcement.
Shanghai Dazhong Public Utilities (Group) Co., Ltd. announced that it has received approval from the China Securities Regulatory Commission (CSRC) to issue corporate bonds with a total nominal value not exceeding RMB2.6 billion to professional investors. This approval is valid for 24 months, allowing the company to issue the bonds in tranches, potentially impacting its financial strategy and market positioning. The issuance must comply with the offering circulars submitted to the Shanghai Stock Exchange, and any significant events during the issuance process must be reported according to relevant regulations.
More about Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H
Shanghai Dazhong Public Utilities (Group) Co., Ltd. is a joint stock company incorporated in China, focusing on public utilities and related sectors.
YTD Price Performance: -10.0%
Average Trading Volume: 20
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.41B
For a thorough assessment of 1635 stock, go to TipRanks’ Stock Analysis page.