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China Longyuan Power Group ( (HK:0916) ) has shared an update.
China Longyuan Power Group Corporation Limited has successfully completed the issuance of ultra short-term debentures amounting to RMB2.5 billion, with a term of 179 days and a coupon rate of 1.67%. The proceeds from this issuance will be used to replace existing interest-bearing debt and replenish working capital, potentially strengthening the company’s financial position and operational flexibility.
The most recent analyst rating on (HK:0916) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on China Longyuan Power Group stock, see the HK:0916 Stock Forecast page.
More about China Longyuan Power Group
China Longyuan Power Group Corporation Limited is a company involved in the energy sector, focusing on the development and operation of power generation facilities, particularly in the renewable energy space.
YTD Price Performance: 20.39%
Average Trading Volume: 30,879,657
Technical Sentiment Signal: Buy
Current Market Cap: HK$120.2B
See more data about 0916 stock on TipRanks’ Stock Analysis page.