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Hengan International Group Co ( (HK:1044) ) has provided an update.
Hengan International Group Co announced that it has received approval from the National Association of Financial Market Institutional Investors for the registration of debt financing instruments worth up to RMB7.5 billion. The registration is valid for two years, allowing the company to issue the debt in tranches. Despite obtaining this approval, the company cautions that the issuance may not necessarily proceed, advising shareholders and potential investors to be cautious when dealing in company securities.
More about Hengan International Group Co
Hengan International Group Co is a Cayman Islands-incorporated company, primarily engaged in the manufacturing and distribution of personal hygiene products. It operates within the consumer goods industry, focusing on products such as sanitary napkins, disposable diapers, and other personal care items.
YTD Price Performance: -4.93%
Average Trading Volume: 1,093
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $3.13B
Find detailed analytics on 1044 stock on TipRanks’ Stock Analysis page.
