Hengan International Completes Fourth Tranche of Commercial Papers
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Hengan International Group Co ( (HK:1044) ) has shared an announcement.
Hengan International Group Co announced the completion of its fourth tranche of super short-term commercial papers, raising RMB0.5 billion with a coupon rate of 1.77% and a term of 269 days. The proceeds will be used to supplement working capital and repay bank loans, reflecting the company’s strategic financial management to support its operations and enhance liquidity.
The most recent analyst rating on (HK:1044) stock is a Buy with a HK$28.50 price target. To see the full list of analyst forecasts on Hengan International Group Co stock, see the HK:1044 Stock Forecast page.
More about Hengan International Group Co
Hengan International Group Co is a company incorporated in the Cayman Islands, primarily involved in the production and sale of personal hygiene products. The company operates in the consumer goods industry, focusing on products such as sanitary napkins, diapers, and tissue paper, with a significant market presence in China.
Average Trading Volume: 2,986,971
Technical Sentiment Signal: Buy
Current Market Cap: HK$32.31B
See more insights into 1044 stock on TipRanks’ Stock Analysis page.
