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HK Electric Investments (02638.HK): Ko Po Wah has been appointed as a member of the nomination committee.
On May 21, Glonghui announced that Roger Gao, an Independent Non-Executive Director of HK Electric Investments (02638.HK), has been appointed as a member of the company's Nomination Committee, effective from May 21, 2025.
UBS Group: Maintains a positive outlook on Hong Kong utility stocks, with CKI HOLDINGS as the top choice.
UBS Group released a Research Report stating that despite the recent easing of tariffs between China and the United States, as well as renewed expectations for interest rate cuts from the Federal Reserve in the second half of the year, Global uncertainty continues. The firm remains optimistic about Hong Kong utility stocks. Their industry favorite is CKI HOLDINGS (01038), based on its attractive 5% yield and substantial exposure to overseas Assets, with a Target Price of HKD 73 and a rating of 'Buy'. Following that are POWER ASSETS (00006), CLP HOLDINGS (00002), and HK Electric Investments and HK Electric Investments (02638), with Target Prices of HKD 70, HKD 74, and HKD 6 (previously HKD 5.8) respectively.
UBS Group has an optimistic view on Hong Kong utility stocks despite macro instability, with a top pick being CLP Holdings (01038.HK) and a Target Price of 73 HKD.
The UBS Group research report indicates that despite the recent easing of tariffs between China and the USA, as well as the renewed expectations for interest rate cuts by the Federal Reserve in the second half of the year, global uncertainty continues. The firm maintains a positive outlook on Hong Kong utility stocks. The report believes that utility stocks are supported by the persistently high yields of USA government bonds and interest rates for a longer time, coupled with a weakened US dollar and strong fundamental growth. The sector's dividend yield is approximately 100 basis points higher than the yield on 10-year USA government bonds, enhancing its appeal for defensive investments. Additionally, the weakened US dollar benefits the utility industry, especially for Cheung Kong Infrastructure (01038.HK) and POWER ASSETS, which have substantial overseas operations.
HKELECTRIC-SS: Annual Report 2024
Hong Kong Electric (02638.HK) participates in a cross-department emergency power restoration drill.
The test event for the beach volleyball event of the 15th National Games will be held from April 18 to 20 at Victoria Park. To ensure the stable and reliable electrical utilities supply for the competition venue, Hongkong Electric (02638.HK), together with the organizing office of the Hong Kong region of the National Games, the Leisure and Cultural Services Department, and the Electrical and Mechanical Services Department, held an interdepartmental emergency power restoration drill last Wednesday (the 9th), simulating power supply failures and emergency repairs.
HK ELEC INVS&HK ELEC INVS LTD SPONSORED ADR EACH REPR 10 STAPLE UNIT To Go Ex-Dividend On April 10th, 2025 With 0.207 USD Dividend Per Share
March 28th (Eastern Time) - $HK ELEC INVS&HK ELEC INVS LTD SPONSORED ADR EACH REPR 10 STAPLE UNIT(HKVTY.US)$ is trading ex-dividend on April 10th, 2025.Shareholders of record on April 10th, 2025
