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CLP Holdings ( (HK:0002) ) has issued an announcement.
CLP Holdings reported a slight decrease in electricity sales in Hong Kong for the first nine months of 2025, attributed to lower average temperatures, despite increased sales to data centers and transport electrification efforts. The company effectively managed the impact of Super Typhoon Ragasa, maintaining stable operations and supporting critical infrastructure. CLP is advancing its Clean Energy Transmission System to enhance Hong Kong’s decarbonization efforts and is expanding its electric vehicle charging network. The company is also nearing completion of its smart meter installation project and is actively engaging in partnerships to promote sustainable development and energy efficiency.
The most recent analyst rating on (HK:0002) stock is a Hold with a HK$71.00 price target. To see the full list of analyst forecasts on CLP Holdings stock, see the HK:0002 Stock Forecast page.
More about CLP Holdings
CLP Holdings Limited is a major player in the energy industry, primarily focusing on electricity generation and distribution. The company serves a diverse range of sectors including residential, commercial, infrastructure, and manufacturing, with a strong emphasis on supporting the electrification of transport and promoting sustainable energy solutions.
YTD Price Performance: 5.42%
Average Trading Volume: 3,809,780
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$167.4B
For detailed information about 0002 stock, go to TipRanks’ Stock Analysis page.