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An announcement from Huaneng Power International ( (HK:0902) ) is now available.
Huaneng Power International, Inc. has announced the successful issuance of its ninth tranche of super short-term commercial papers for 2025, amounting to RMB3 billion with a 92-day maturity and a 1.50% interest rate. The proceeds will be used to enhance the company’s working capital, adjust its debt structure, and repay existing bank loans, reflecting strategic financial management to support its operations.
The most recent analyst rating on (HK:0902) stock is a Sell with a HK$4.85 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.
More about Huaneng Power International
Huaneng Power International, Inc. operates in the energy sector, primarily focusing on the generation and sale of electricity. It is a significant player in the power industry, catering to both domestic and international markets.
Average Trading Volume: 37,292,590
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$114B
For a thorough assessment of 0902 stock, go to TipRanks’ Stock Analysis page.