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China Conch Venture Holdings ( (HK:0586) ) has issued an announcement.
China Conch Venture Holdings Limited has announced the issuance of its first tranche of 2025 green medium-term notes, valued at RMB1.3 billion, with a five-year term and a 1.93% coupon rate. The proceeds will primarily be used to repay interest-bearing debts and fund construction and operational projects within the group. This issuance, rated ‘AAA’ by China Lianhe Credit Rating Co., Ltd., highlights the company’s commitment to sustainable financing and could strengthen its position within the industry while offering potential benefits to stakeholders.
More about China Conch Venture Holdings
China Conch Venture Holdings Limited is a company based in the People’s Republic of China, operating in the construction and environmental protection industries. Its primary activities include the development and operation of projects related to these sectors, with a focus on sustainable and green initiatives.
YTD Price Performance: -3.41%
Average Trading Volume: 1,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.41B
For a thorough assessment of 0586 stock, go to TipRanks’ Stock Analysis page.
