Xingfa Aluminium Raises RMB300 Million in First Tranche of 2026 Medium-Term Notes

Xingfa Aluminium Holdings Ltd. ( (HK:0098) ) has provided an update.

Xingfa Aluminium Holdings Limited has announced that its indirect wholly owned subsidiary, Guangdong Xingfa Aluminium Co. Ltd., has completed the issuance of the first tranche of its 2026 medium-term notes in China, raising RMB300 million. The three-year notes carry a coupon rate of 2.13% and will be traded on the National Inter-Bank Bond Market, enhancing the Group’s onshore financing flexibility and supporting its capital needs.

This tranche is part of a broader medium-term notes programme of up to RMB2 billion that was registered with the National Association of Financial Market Institutional Investors in December 2025, valid for two years and issuable in multiple tranches. The successful completion of the initial issuance underscores Xingfa’s access to China’s institutional bond market and may strengthen its liquidity position, potentially supporting future expansion or operational investment plans.

The most recent analyst rating on (HK:0098) stock is a Hold with a HK$8.50 price target. To see the full list of analyst forecasts on Xingfa Aluminium Holdings Ltd. stock, see the HK:0098 Stock Forecast page.

More about Xingfa Aluminium Holdings Ltd.

Xingfa Aluminium Holdings Limited is a Hong Kong-listed manufacturer in the aluminium industry, operating through subsidiaries including Guangdong Xingfa Aluminium Co. Ltd. in mainland China. The Group focuses on producing and supplying aluminium products for various industrial and construction applications, serving both domestic and international markets.

Average Trading Volume: 42,561

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.08B

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