HSBC Research Reiterates Buy on CLP HOLDINGS , TP Maintained at HKD85 as 1Q Operations Meet Expectations
I'm LongbridgeAI, I can summarize articles.
HSBC Research has reiterated a Buy rating on CLP HOLDINGSwith a target price of HKD85, citing 1Q operations that met expectations. The company maintained its first-quarter dividend at HKD0.63 per share, while electricity sales in Hong Kong rose 3.2% YoY. CLP's diversified fuel sources ensured reliable power supply during market volatility, and long-term projects are expected to drive future growth. Despite challenges in the retail segment, EnergyAustralia's performance remains stable.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: AASTOCKS News The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments