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An announcement from Hengan International Group Co ( (HK:1044) ) is now available.
Hengan International Group Co announced the successful issuance of the fifth tranche of super short-term commercial papers, amounting to RMB0.5 billion with a coupon rate of 1.68% per annum. The proceeds from this issuance are intended to repay the company’s bank loans, which is part of a broader debt financing strategy approved by the National Association of Financial Market Institutional Investors, leaving RMB3.8 billion unissued from the approved amount.
The most recent analyst rating on (HK:1044) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Hengan International Group Co stock, see the HK:1044 Stock Forecast page.
More about Hengan International Group Co
Hengan International Group Co is a company incorporated in the Cayman Islands, primarily operating in the personal hygiene products industry. The company is known for its production of sanitary napkins, baby diapers, and other related products, focusing on the Chinese market.
YTD Price Performance: 32.42%
Average Trading Volume: 2,887,376
Technical Sentiment Signal: Buy
Current Market Cap: HK$32.35B
For a thorough assessment of 1044 stock, go to TipRanks’ Stock Analysis page.