Xinyi Solar Holdings (HK:0968) has released an update.
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Xinyi Solar Holdings Limited has announced a proposed issuance of Panda Bonds in China, with a potential total value of up to RMB3.0 billion. The company has secured a top-tier ‘AAA’ credit rating from China Lianhe Credit Rating Co., Ltd., but the issuance is subject to market conditions and investor interest. Investors are advised to remain cautious as the plans may not proceed as expected.
For further insights into HK:0968 stock, check out TipRanks’ Stock Analysis page.