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Huaneng Power International ( (HK:0902) ) has issued an announcement.
Huaneng Power International, Inc. has successfully issued its tenth tranche of super short-term commercial papers for 2025, amounting to RMB3 billion with a 92-day maturity period and an interest rate of 1.53%. The proceeds from this issuance will be utilized to supplement the company’s working capital, adjust its debt structure, and repay existing bank loans, thereby enhancing its financial flexibility and operational efficiency.
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 electric power. The company is a major player in the Chinese market, providing electricity to a wide range of consumers across the country.
Average Trading Volume: 35,993,513
Technical Sentiment Signal: Buy
Current Market Cap: HK$118.8B
For a thorough assessment of 0902 stock, go to TipRanks’ Stock Analysis page.