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CLP Holdings (00002.HK) plans to hold a board meeting on February 26 to approve the annual results.
Gelonghui, February 6th: CLP Holdings (00002.HK) announced that the company will hold a board meeting on Thursday, February 26, 2026. Matters to be considered by the board at the meeting include the approval for the publication of the full-year results as of December 31, 2025, and the declaration of the fourth interim dividend for 2025.
CLP HOLDINGS: Date of Board Meeting
The entire power sector has declined, with the improvement of the coal-fired capacity pricing mechanism potentially leading to a further reduction in electricity price levels in some provinces.
Electric power stocks fell across the board. As of press time, Huaneng Power International (00902) dropped 5.26%, trading at HKD 5.4; China Resources Power Holdings (00836) declined 3.48%, trading at HKD 17.18; Huadian Power International (01071) slipped 2.91%, trading at HKD 4.01.
CLP and HSBC Collaborate to Launch Sustainable Supply Chain Finance Initiative
CLP has signed a cooperation agreement with HSBC to launch a new "Sustainable Supply Chain Finance Programme," integrating CLP's sustainable procurement framework with HSBC's sustainable financial solutions. The initiative aims to support local suppliers in enhancing their ESG performance and driving the low-carbon transformation of supply chains. Through the "Sustainable Supply Chain Finance Programme," CLP will utilize ESG evaluation standards to assist participating suppliers in identifying areas for improvement while adopting sustainable practices and increasing resilience. The program references third-party corporate sustainability scores, establishing predefined ESG performance indicators primarily focused on calculating, reporting, and reducing carbon emissions. If suppliers achieve these targets, HSBC will offer preferential interest rates.
ST. GEORGE'S MANSIONS in Ho Man Tin records its fourth transaction this month, with a two-bedroom unit sold for HK$22.47 million.
Developed jointly by Sun Hung Kai & Co. (00083.HK) and CLP Holdings (00002.HK), the ST. GEORGE'S MANSIONS located in Kadoorie Avenue, Ho Man Tin, sold unit C on the 1st floor of Building 2 today (August 28). The saleable area is 764 square feet, with a transaction price of HK$22.47 million, equivalent to HK$29,411 per square foot, marking the fourth deal this month. Many buyers of the project are large families making bulk purchases, while there are also investors optimistic about the rental returns in Kadoorie Hill. According to market information, the average rent for standard units is approximately HK$85 per square foot, with a high of HK$93. A total of 147 units have been sold to date, accounting for nearly 85% of the total number of units, generating total sales proceeds.
Tse Chin-wan: It is expected that by 2035, the proportion of electricity purchased from mainland China could reach 60% to 70%.
The Legislative Council's Environmental Affairs Committee convened a meeting where some lawmakers anticipated that electricity prices would increase rather than decrease in the future, leading to a continual rise in citizens' basic living expenses. They inquired about the authorities' long-term strategies for reducing electricity costs, including purchasing electricity from mainland China. Secretary for the Environment and Ecology, Xie Zhanhuan, stated that there are plans to purchase additional electricity from mainland China, with the aim of increasing the proportion of zero-carbon electricity imported from the mainland to 60% to 70% by 2035. Xie Zhanhuan added that there are various financing methods for the power supply segment, and discussions will be held with mainland authorities regarding electricity pricing for Hong Kong. The stability, cleanliness, and price of Hong Kong’s electricity supply remain key objectives, though details are still under negotiation and cannot yet be disclosed. Additionally,