00002 CLP HOLDINGS
- 64.300
- 0.0000.00%
CLP HOLDINGS News
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.
China Light and Power reported a sudden drop in electrical utilities in Sha Tin, Ma On Shan and other areas this morning.
According to a report from 'Hong Kong 01', the Fire Services Department received a report from China Electrical Utilities this morning (25th) about a sudden drop in electrical utilities, affecting areas such as Sha Tin and Ma On Shan. In addition, the Fire Services Department also received over 20 reports of people trapped in elevators, as well as 2 reports of fire alarm sirens sounding.
CLP Holdings Subsidiary Discloses Capital Expenditure for 2024
CLP Power and Hongkong Electric will increase the net electricity tariff by 0.98% and 0.9% respectively next year.
The Environmental Affairs Committee of the Legislative Council held a meeting with two electrical utilities for the annual electricity tariff review. Secretary for the Environment and Ecology Tse Chuen Wan stated that from January 1 next year, the average net electricity tariff increase for CLP Power and Hongkong Electric will be less than 1%. He emphasized that measures have been taken to keep the tariff increase in check, and the authorities have also strictly controlled and reviewed the capital expenditure of the two electric utilities to minimize its impact on the tariff. Starting from January 1, 2025, the basic electricity tariff for CLP will be 98 cents per kilowatt-hour, an increase of 1.4 cents compared to 2024, while the fuel adjustment charge remains unchanged at 46.3 cents. After adjustments, the average net electricity price will be 144.3 cents per kilowatt-hour, increasing by 0.98% year-on-year. Hongkong Electric.
HSBC Research on "Major Banks": The US elections reset market expectations. Utilities industry recommendations include CLP Holdings (00002.HK), Cheung Kong Infrastructure (01038.HK), and Longyuan Power (00916.HK).
HSBC's global research report points out that the US election emphasizes the market's outlook on the global economy. In the asia utilities industry and alternative energy sector, the main concerns are the potential postponement of interest rate cuts and the adverse effects of trade policies on the industry, especially in china and south korea. The report states that fundamentals may not change significantly, except for the wind power supply chain.
Security Bureau: The explosion at the Daya Bay nuclear power plant is purely a rumor.
There are rumors on social media that the Daya Bay Nuclear Power Plant in Guangdong province has exploded. A spokesperson from the Hong Kong Security Bureau clarified that no notification has been received from mainland institutions. After verification with the Guangdong Provincial Nuclear Emergency Office, it was confirmed that the nuclear power plant is operating normally. The related information is completely unfounded and pure rumor. The Security Bureau spokesperson urges the public to pay attention to the official announcements issued through government channels and not to believe any rumors lightly.
CLP (00002.HK) co-organized the China Nuclear Expo, jointly signed the new quality productivity initiative for the nuclear energy industry.
CLP Holdings (00002.HK) stated that this year, as a specially invited co-organizer, it participated in the China Nuclear Energy High-Quality Development Conference and Shenzhen International Nuclear Energy Industry Innovation Expo organized by the China Energy Research Association and CGN Power Co.,Ltd., and jointly signed the "New Productivity Initiative for the Development of the Nuclear Energy Industry" with representatives of leading companies, scholars, and experts in the industry, aiming to accelerate the high-quality development of nuclear energy by consolidating industry consensus. CLP Holdings CEO Lo Ka-In mentioned that as early as the 1970s, CLP had entered the mainland energy market and invested in the construction of the Daya Bay Nuclear Power Station in the 1980s, which was the first large-scale commercial nuclear power plant in China.
Brokerage Focus: HTSC initiates coverage on CLP Holdings (00002) with a 'buy' rating, citing high sustainability of dividends and considerable potential.
Kingrum Finance | HTSC's research report pointed out that CLP Holdings (00002) is mainly engaged in power generation and supply business, covering China Hong Kong, mainland China, australia, india, etc., with both stability and growth in business. The power regulatory business in China Hong Kong and the nuclear power units in mainland China (equity participation) contribute stable income; the mid-term (around 2028) zero-carbon project plan implementation (adding 8-10 GW of installed capacity) is expected to bring substantial profit growth. With abundant cash reserves, historical dividends have never declined, and there is still potential for improvement in the future. The bank predicts the company's net profit attributable to owners for 2024-26 to be 98.5/102.0/105 million yuan.
clp holdings (0002.HK): a stable growth long-term value stock
The company is mainly engaged in power generation and supply business, covering areas such as China Hong Kong, mainland China, Australia, India, etc., with a mix of stable and growing businesses. The power regulation business in China Hong Kong and the nuclear power units in mainland China (joint ventures) contribute stable income; mid-term (2
Market Chatter: Chinachem to Reward Energy-Saving Practices for Tenants
The first landfill cecep solar energy power generation plant in Hong Kong is expected to be completed in the first half of next year, providing an estimated annual supply of 0.12 million electrical utilities.
Developed jointly by shk ppt (00016.HK), Veolia, and CITIC Pacific in the Tseung Kwan O landfill, the cecep solar energy power plant held a groundbreaking ceremony last Friday (1st), aiming to start supplying electricity in the first half of next year, with an expected annual supply of 0.12 million kilowatt-hours (kWh) of electrical utilities, which can be used by approximately 360 households throughout the year. This is the first private development solar power plant in a landfill in Hong Kong. The solar power plant is composed of more than 1,800 photovoltaic panels, covering an area of over 0.1 million square feet. In addition to participating in the civil and architecture engineering of the project, NWS Holdings also arranged its subsidiary datacenter service provider New World Network (01686.
CLP Power (00002.HK): Planning to double the mainland wind power generation capacity and considering expanding into other markets.
CLP (00002.HK) is conducting a comprehensive business strategy review. The CEO, Mr. Tseung Tung Kwong, stated that a clearer direction is expected early next year. At that time, CLP will adjust its strategy based on the review results to achieve stable growth and sustainable development. He pointed out that the primary goal during his tenure is to lead the group's business to maintain stable and continuous growth. Mainland China and Hong Kong are still the core markets of the group, but diversification strategy is equally important. After completing the strategy review, consideration will be given to expanding into other markets. Carbon reduction is a key business for the group in the short term. The group's wind energy and cecep solar energy projects in China already exceed 2,000 megawatts, with plans for the next three to four years.
CLP HOLDINGS To Go Ex-Dividend On December 2nd, 2024 With 0.63 HKD Dividend Per Share
October 22nd (Beijing Time) - $CLP HOLDINGS(00002.HK)$ is trading ex-dividend on December 2nd, 2024.Shareholders of record on December 3rd, 2024 will receive 0.63 HKD dividend per share on December 13
【Brokerage Focus】HSBC Research maintains a 'buy' rating on CLP Holdings (00002), expecting dividend payout to have the potential to increase.
Golden Wisdom Financial News | HSBC Global Research published a research report indicating a bullish outlook on CLP Holdings (00002) within the utilities industry in Hong Kong. This is due to the company's normalization of operations at EnergyAustralia and strong free cash flow, which has enabled the long-awaited dividend growth cycle to resume. The report highlights that CLP Holdings' third-quarter data shows that the main operational issues at EnergyAustralia are now in the past, and profits are expected to benefit from fluctuations in Australian electricity prices. The report also suggests that the robust recovery supports a reassessment of the company, with expectations of a potential increase in dividends per share when announcing annual performance, maintaining the target.
CLP HOLDINGS LTD To Go Ex-Dividend On December 3rd, 2024 With 0.08106 USD Dividend Per Share
October 21st (Eastern Time) - $CLP HOLDINGS LTD(CLPHY.US)$ is trading ex-dividend on December 3rd, 2024.Shareholders of record on December 3rd, 2024 will receive 0.08106 USD dividend per share on
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