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China Everbright Launches 2 Billion RMB Securities
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China Everbright Launches 2 Billion RMB Securities

China Everbright Water (SG:U9E) has released an update.

China Everbright Water Limited has successfully established an Asset-Backed Products Scheme in Mainland China, issuing RMB 2 billion in securities to institutional investors. The scheme, effective from April 23, 2024, will generate quarterly interest payments and principal repayments for the asset-backed securities.

For further insights into SG:U9E stock, check out TipRanks’ Stock Analysis page.

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