China Power International Development (02380.HK): China Hydroelectric (600292.SH) proposes to issue approximately 384 million shares for private placement to raise 4.362 billion yuan.
Wisdom Finance APP news, China Power (02380.HK) announced that on July 16, 2026, when Datang Hydropower (600292.SH) completed the submission of relevant record procedures to the Shanghai Stock Exchange, the proposed issuance results were announced on the Shanghai Stock Exchange. According to the issuance results, approximately 384 million shares of allocated shares will be issued to 15 underwriters at a price of RMB 11.36 per share, with a total amount of approximately RMB 4.362 billion.
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