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Huaneng Power Issues Eighth Tranche of Short-Term Papers

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Huaneng Power Issues Eighth Tranche of Short-Term Papers

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Huaneng Power International ( (HK:0902) ) has provided an announcement.

Huaneng Power International, Inc. has successfully issued its eighth tranche of super short-term commercial papers for 2025, amounting to RMB3 billion with a maturity of 92 days and an interest rate of 1.46%. The proceeds from this issuance will be used to enhance the company’s working capital, adjust its debt structure, and repay existing bank loans, reflecting its strategic financial management and positioning in the energy sector.

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. is a major player in the energy sector, primarily engaged in the generation and sale of electric power. The company operates a diverse portfolio of power plants across China and is focused on expanding its reach both domestically and internationally.

Average Trading Volume: 37,501,320

Technical Sentiment Signal: Buy

Current Market Cap: HK$117.5B

For detailed information about 0902 stock, go to TipRanks’ Stock Analysis page.

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