China Everbright Water (SG:U9E) has released an update.
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China Everbright Water Limited has successfully listed its RMB 2 billion Preference Asset-Backed Securities on the Shenzhen Stock Exchange as part of an initiative aimed at qualified institutional investors in mainland China. This move, confirmed by a letter from the Shenzhen Stock Exchange, marks a significant financial milestone for the company. The listing, effective from 14 May 2024, indicates a strategic expansion of the company’s financial instruments.
For further insights into SG:U9E stock, check out TipRanks’ Stock Analysis page.
