China Resources Gas Completes RMB1 Billion First Tranche Medium-Term Note Issuance in China
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China Resources Gas Group has announced the completion of a RMB1 billion issuance of medium-term notes by its subsidiary, China Resources Gas Investment. The notes have a three-year term and a 1.71% annual coupon, aimed at enhancing liquidity and financial flexibility for its operations in mainland China. Shareholders are advised to exercise caution when trading the company's securities. The stock currently holds a Buy rating with a target price of HK$27.00.
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