HSBC and Clifford Capital Back Cadeler With €180 Million Green Facility
FiNews·- HSBC's Singapore branch and Clifford Capital arranged a green loan facility of up to €180 million for offshore wind specialist Cadeler. - The initial unsecured facility amounts to €60 million with an optional accordion of €120 million to support vessel construction and expansion plans. - The financing aligns with green loan principles and will fund wind turbine installation vessels, equipment purchases, and corporate purposes.DBS initiates UOB Kay Hian coverage with ‘buy’, S$4.80 target price
Businesstimes News·UOB Kay Hian Raises BYD COMPANY TP to HKD135, Cuts GEELY AUTO and GWMOTOR TP
AASTOCKS News·- UOB Kay Hian reported mixed sales performance among China's five major automakers in June, with strong export growth contrasting with weak domestic demand. - BYD COMPANY and GEELY AUTO excelled in overseas sales and electric vehicles, while GWMOTOR and LI AUTO-W faced domestic challenges. - The firm maintains an "Equalweight" rating on the sector, raising price targets for BYD COMPANY and lowering for GEELY AUTO and GWMOTOR, while recommending LI AUTO-W as a "Sell."