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In "The Major Companies", China International Capital Corporation's investment ratings and target prices for China's Energy stocks (table).
Bank of China International released a research report, listing the investment ratings and target prices for Chinese Energy stocks as follows: Stock | Investment Rating | Target Price (HKD) HUANENG POWER (00902.HK) | Buy | 6.2 HKD HUADIAN POWER (01071.HK) | Buy | 4 HKD CHINA RES POWER (00836.HK) | Buy | 22 HKD CHINA POWER (02380.HK) | Buy | 4.6 HKD FLAT GLASS (06865.HK) | Hold | 14.3 HKD XINYI SOLAR (00968.
CLP Holdings Limited Goes Ex Dividend Tomorrow
CLP Holdings Relocates Registered Office in Hong Kong
China Light and Power plans to accelerate the electricity supply planning work in line with the development progress of the Northern Metropolis.
CLP Holdings (00002.HK) subsidiary China Light and Power signed a letter of intent and project participation at the signing ceremony for the Northern Metropolis development last Friday (November 29), expressing full support and participation in the Northern Metropolis development. The president of China Light and Power, Luo Jiajin, stated that to align with the current and future development of innovation, commerce, and housing in the Northern Metropolis, the power supply system has reserved sufficient electrical utilities to meet the power demands of facilities including the New Territories Technology City and the datacenter and supercomputing center in Sha Ling. In the future, adjustments will be made according to the actual development pace of the Northern Metropolis, along with its future development progress and additional power supply needs, in cooperation with the government.
Cai Guanshen: The actual investment from the intent letter from North City still needs to be "calculated" and there must be confidence in Hong Kong.
The government signed a development memorandum of understanding with 85 companies in the northern metropolitan area. When interviewed by the newspaper, Tommy Cheung, the President of the Hong Kong General Chamber of Commerce, stated that the government's approach can help build confidence and atmosphere. As for specific investments in which projects, and how much to invest, it depends on planning, design, funding needs, etc., describing it as "counting". Tommy Cheung stated that the government does not dictate developers on what to do, but only creates conditions to make companies see potential business opportunities, and with government support, the effect may be better. He believes that whether things are "counted accurately" depends on short-term or long-term considerations, even if the current numbers may not be ideal, but in the long run, Hong Kong is considered as a favorable prospect.
CLP Group's subsidiaries signed two cooperation agreements to support the green economy of the Greater Bay Area.
CLP Holdings (00002.HK), a subsidiary of CLP Group, signed a non-binding agreement with China National Offshore Oil Corporation Guangdong Shipping to establish a joint venture company, providing liquefied natural gas refueling services. They also signed a cooperation agreement with Tesla to expand cooperation in electric vehicle charging and other innovative energy businesses in the Greater Bay Area. According to the non-binding agreement between CLP Group and CNOOC, the proposed joint venture company will sell and supply liquefied natural gas as marine fuel for ships and other vessels in Hong Kong waters, contributing to the development of liquefied natural gas refueling services in the Greater Bay Area and strengthening Hong Kong's position as an international shipping hub.
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