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The latest update is out from China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ).
China Datang Corporation Renewable Power Co., Limited has successfully completed the public issuance of its first tranche of renewable corporate bonds for 2025, raising RMB2.0 billion. The bonds, with a term of three years and an interest rate of 1.85%, are aimed at professional investors, with proceeds intended for productive expenses including debt repayment and working capital replenishment. This move is expected to enhance the company’s financial flexibility and support its ongoing investment in renewable energy projects.
More about China Datang Corp. Renewable Power Co. Ltd. Class H
China Datang Corporation Renewable Power Co., Limited is involved in the renewable energy sector, focusing on the development, operation, and management of wind and solar power projects primarily in China.
YTD Price Performance: -4.80%
Average Trading Volume: 634
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €1.71B
For an in-depth examination of 1798 stock, go to TipRanks’ Stock Analysis page.
