The three-bedroom ST. GEORGE'S MANSIONS in Ho Man Tin was sold for 82.74 million, with a price per square foot exceeding 0.0449 million yuan.
Developed in collaboration with Sun Hung Kai Properties (00083.HK) and CLP Holdings (00002.HK), St. George's Mansions located in Ho Man Tin at the Peak has recently sold a three-bedroom apartment, specifically unit B on the 10th floor, with a usable area of 1,841 square feet, and a Fill Price of 82.74 million, priced at 44,943 dollars per square foot. To date, a total of 126 units have been sold, with nearly 10.5 billion in total cashing out. According to transaction data, 107 of these units are three-bedroom or larger, with an average selling price of over 93 million per unit. The developers expect the super-luxury market to continue thriving, with both price and volume rising.
China Electric Power and CNOOC have completed Hong Kong's first LNG refueling and simultaneous cargo loading and unloading.
CLP HOLDINGS (00002.HK) and CNOOC Group's Guangdong shipping clean energy cooperation on June 5 conducted simultaneous bunkering of liquefied natural gas (LNG) for Hapag-Lloyd AG's large container ship Hanoi Express while loading and unloading goods at the port, which is expected to be the largest single LNG bunkering operation in Hong Kong to date. This also marks the first simultaneous ship-to-ship LNG bunkering and cargo loading/unloading operation in the city, signifying a milestone in Hong Kong's development as a quality green marine fuel bunkering center and further consolidating its status as an international shipping hub.
Bank of America Securities: Raises the Target Price of GUANGDONG INV (00270) to HKD 7. The ratings for CKI HOLDINGS (01038) and CLP HOLDINGS (00002) are "Neutral."
The Hong Kong Interbank Offered Rate has remained low for a longer period, benefiting CLP HOLDINGS and GUANGDONG INV.
Express News | Bank of America: The prolonged low level of Hong Kong interbank offered rates benefits CLP HOLDINGS and GUANGDONG INV.
Bank of America raised the Target Price for Guangdong Investment (00270.HK) to 7 yuan and maintained a "Buy" rating.
According to a report from Bank of America, the Hong Kong Interbank Offered Rate will remain low for a longer period of time, benefiting CLP Holdings (00002.HK) and GUANGDONG INV (00270.HK). The bank prefers GUANGDONG INV based on its 6.4% dividend yield and the projected compound annual growth rate of 1% to 2% for dividends per share from 2025 to 2030. The bank rates Cheung Kong Infrastructure (01038.HK) and CLP as 'neutral', considering that the yield on U.S. ten-year Treasury bonds is expected to rise to 4.5% and 4.75% by the end of this year and next year, respectively, making a dividend yield of 5% for both stocks a reasonable level. Between the two, the bank prefers Cheung Kong, as it will benefit more from the weakness of the Hong Kong dollar against the U.S. dollar and from the dividends.
CICC: The abundance of funds in the Hong Kong stock market and the scarcity of Assets.
CICC believes that the "abundance of funds" due to excessive liquidity and the "lack of assets" with limited returns will inevitably lead to overall Index trends being difficult to find, resulting in range-bound fluctuations, while structural market trends will flourish. Currently, the overall macro and market environment in China still needs repair but has structural highlights that are more favorable for Hong Kong stocks. This is because whether it is providing stable returns through dividends, or representing the mainline of structural opportunities such as new consumption, AI Technology, or even innovative drugs, Hong Kong stocks have a greater advantage, which also explains the outperformance of the Hong Kong stock market.
CLP HOLDINGS (0002.HK) 2025 Mid-Term Strategy Meeting Brief: Value stocks that combine stability and growth.
On June 5, CLP HOLDINGS attended our organized 2025 mid-term strategy meeting, where the company shared recent changes in operation and future outlook. The main points of focus include: 1) Stable business: With the capital investment solidifying, regulated business.
CLP and the Electrical and Mechanical Services Department held a joint exercise for emergency power restoration during severe weather.
CLP Power stated that Hong Kong has entered the typhoon season. In response to the challenges posed by typhoons and severe weather on the power system and services, a series of defense and response measures have been formulated and implemented. Recently, a joint emergency restoration drill for severe weather was conducted in West Kowloon in collaboration with the Electrical and Mechanical Services Department to enhance the coordination and response capabilities of engineering personnel to power incidents caused by severe weather. The drill simulated a scenario in which a customer substation was suspected to be affected by flooding during the Black Rainstorm Warning. The emergency service team of CLP swiftly rushed to the site upon receiving the report, arranged for water pumps to remove the accumulated water in the station, and deployed mobile generators for emergency restoration.
"Da Xing" Jian Yin International lists undervalued high-dividend Hong Kong stocks as "defensive" choices (table).
Jianyin International released a report listing undervalued high-dividend Hong Kong stocks as "defensive" choices. Expected dividend yields: New China Life Insurance (01336.HK) │ 13.24 cents, Yankuang Energy (01177.HK) │ 12.52 cents, COSCO Shipping Holdings (01919.HK) │ 11.49 cents, CHINAHONGQIAO (01378.HK) │ 11.21 cents, BOC HONG KONG (02388.HK) │ 8.48 cents, CNOOC (00883.HK) │ 7.73 cents, PetroChina (00857.HK) │ 7.73 cents, Shenhua (01088.HK) │ 7.41 cents, Sinopec (
According to "The Big Bank", Bank of America expects CLP (00002.HK) to benefit from the decline in HIBOR, maintaining a Target Price of 68.7 yuan.
Bank of America Securities published a research report stating that the Hong Kong Interbank Offered Rate (HIBOR) is expected to remain low for a long time. It is believed that CLP Holdings (00002.HK) will benefit from this, potentially saving about 0.5 billion yuan in financing costs. Bank of America pointed out that CLP has about 52 billion yuan in debt, of which about half is at a floating rate, linked to one month and three month HIBOR. It is estimated that for every 1 percentage point decrease in HIBOR, CLP's annual earnings per share will increase by 2%. However, this considers the rising coal costs, increased competition faced by Energy Australia, and the impact of reduced electricity prices at the Yangjiang Nuclear Power Station.
CLP Holdings Unit Establishes $2 Billion Medium Term Note Program
CLP Holdings: Strategic Expansion in Renewable Energy and Strong Financial Health Justify Buy Rating
The government further reduces the emission limits for power plants.
The government published the "Tenth Technical Memorandum on Specifying License Allocation Emission Limits" in the gazette today (30th), which further reduces the emission limits of air pollutants from power plants for 2030 and beyond, improving the air quality in Hong Kong and the Pearl River Delta region. The "Tenth Technical Memorandum" is issued under the "Air Pollution Control Ordinance" and lowers the annual total emission caps for sulfur dioxide, nitrogen oxides, and respirable suspended particles in the electricity Industry to 2,302 tons, 8,350 tons, and 317 tons respectively for 2030 and beyond, compared to the existing "Ninth Technical Memorandum.
CLP's Hong Kong Electricity Sales Fall 2.6% in Q1
CLP Holdings Reports Q1 2025 Performance and Strategic Progress
CLP Holdings Reports Q1 2025 Performance and Strategic Advances
HSBC Research raised the Target Price for CLP HOLDINGS (00002) to 80 yuan, with a continued optimistic short-term outlook.
HSBC Research published a report indicating that CLP HOLDINGS (00002) announced a quarterly dividend of 0.63 yuan as expected. The bank believes that CLP's short-term outlook remains optimistic, with steady operations and protected cash flow, which will support its dividend adjustment cycle. A Buy rating for the group is maintained, and the Target Price is slightly adjusted from 78 yuan to 80 yuan. Investors are advised to closely monitor the recovery of CLP's Australian Business, as this is expected to primarily contribute to the group's earnings and provide clarity for its dividend distribution.
Announcement highlights | Trip.com Q1 net revenue reached 13.8 billion yuan, a year-on-year increase of 16%; Leap Motor Q1 gross margin reached 14.9%, a record high.
In April, S.F. Holding's express logistics business, supply chain, and international business had a total revenue of 23.915 billion yuan, an increase of 12.42% year-on-year.
CLP HOLDINGS LTD To Go Ex-Dividend On June 3rd, 2025 With 0.08057 USD Dividend Per Share
May 19th (Eastern Time) - $CLP HOLDINGS LTD(CLPHY.US)$ is trading ex-dividend on June 3rd, 2025.Shareholders of record on June 3rd, 2025 will receive 0.08057 USD dividend per share on June 23rd, 2025.
CLP HOLDINGS To Go Ex-Dividend On June 2nd, 2025 With 0.63 HKD Dividend Per Share
May 19th (Beijing Time) - $CLP HOLDINGS(00002.HK)$ is trading ex-dividend on June 2nd, 2025.Shareholders of record on June 3rd, 2025 will receive 0.63 HKD dividend per share on June 13th, 2025. The