MS-PWRA@EC2609A

BofA Upgrades CLP Holdings to Buy with Target Price of HKD 63

Hong Kong stock analyst recommends buying stocks of CLP and BOCHK

Citibank Upgrades CLP to Buy Rating

POWER ASSETS released FY2025 Q1 earnings on August 13 (BJT), actual revenue HKD 176 M, actual EPS HKD 0.7137

Unspecified company released earnings report on August 13, 2025 (BJT), actual revenue HKD 176 M, actual EPS HKD 0.7137

POWER ASSETS released FY2025 Semi-Annual earnings on August 13 Pre-Market (BJT), actual revenue HKD 352 M, actual EPS HKD 1.4274

Power Assets FY2025 Semi-Annual Earnings Release on August 13, 2025 (BJT)

HKG Electric's share price rises and dividend increased

CLP Group Executives Outline Business Strategies and Emission Reduction Goals

JPMorgan recommends buying Cheung Kong Infrastructure and Power Assets Holdings, expecting a 150 basis point rate cut

Daiwa Report: Power Assets Holdings Offers High Risk-Return with 5.8% Dividend Yield

Citigroup Downgrades Electric Power Company Rating to Neutral, Target Price Reduced to HKD 48

Power Assets released FY2024 9 Months Earnings on March 19, 2025 (BJT) with actual revenue of HKD 686.5 M and EPS of HKD 2.1409

POWER ASSETS released FY2024 Q3 earnings on March 19 (BJT), actual revenue HKD 232.5 M, actual EPS HKD 0.7303

POWER ASSETS released FY2024 Q4 earnings on March 19 After-Market BJT, actual revenue HKD 215 M, actual EPS HKD 0.7303

POWER ASSETS released FY2024 annual earnings on March 19 After-Market BJT, actual revenue HKD 919 M (forecast HKD 1.332 B), actual EPS HKD 2.8712 (forecast HKD 2.9296)

CLP Holdings 2024 Annual Profit Grows 2%, Proposes Dividend of HKD 2.82 per Share

Power Assets Holdings Limited Annual Revenue of HKD 919 Million, Estimated HKD 1.3 Billion

POWER ASSETS to Release FY2024 Earnings on March 19 After-Market (BJT), Forecast Revenue 1.332 B HKD, EPS 2.9296 HKD

Huatai Securities Initiates Coverage on Power Assets Holdings with Buy Rating and Target Price of 66.11 HKD

STARCOIN GROUP

DAISHOMICROLINE

IDT INT'L

GUANZE MEDICAL

BOER POWER

KNOWLEDGE ATLAS

CHINA INFO TECH

QINGHUA HOLD

SUPER STRONG

HAIZHI TECH GP

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Hong Kong stocks ADR is expected to open 400 points lower this morning, reporting at 26,632 points. The relative stock prices and the premium situation of Hong Kong stocks to the American Depositary Receipts are as follows: CK Hutchison Holdings 63.243 HKD (premium 0.41%), CLP HOLDINGS 77.236 HKD (premium -0.44%), Hong Kong and China Gas 7.27 HKD (premium 5.50%), Wharf Real Estate Investment 24.742 HKD (premium 9.21%), HSBC Holdings 135.694 HKD (premium 2.80%), POWER ASSETS 60.976 HKD (premium 1.02%), PCCW 6.047 HKD (premium -0.12%), Henderson Land Development 32.274 HKD (premium 1.44%), Sun Hung Kai Properties 133.208 HKD (premium 0.22%), NEW WORLD DEV 11.304 HKD (premium -5.34%), Swire Properties A 80.597 HKD (premium 0.44%), BANK OF E ASIA 15.478 HKD (premium 2.79%), Galaxy Entertainment 44.246 HKD (premium -2.86%), Hang Lung Properties 9.78 HKD (premium 0.10%), Geely Automobile 19.094 HKD (premium -11.44%), CITIC Limited 12.727 HKD (premium -1.55%), Cathay Pacific Airways 12.817 HKD (premium 1.19%)

AASTOCKS

CLP HOLDINGS

Hang Seng Index

POWER ASSETS

BANK OF E ASIA

NEW WORLD DEV

TRACKER FUND

Hong Kong stocks ADR expect the Hang Seng Index to open 400 points lower this morning, reporting at 26,632 points

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The Hong Kong stock ADR is expected to open 250 points higher this morning, reporting at 27,278 points. The relative stock prices and the premium situation of Hong Kong stocks to the American Depositary Receipts are as follows: CK Hutchison (-0.01%), CLP Holdings (-1.07%), HK & China Gas (2.64%), Wharf Holdings (3.45%), HSBC Holdings (-1.76%), POWER ASSETS (-0.28%), PCCW (1.81%), HENDERSON LAND (0.28%), SHK PPT (-0.74%), NEW WORLD DEV (13.61%), SWIRE PACIFIC A (0.26%), BANK OF E ASIA (7.76%), GALAXY ENT (4.18%), HANG LUNG PPT (0.79%), Geely Automobile (-13.09%), CITIC Limited (-0.42%), CATHAY PAC AIR (2.29%)

HENDERSON LAND

SWIRE PACIFIC A

SHK PPT

CATHAY PAC AIR

GALAXY ENT

WHARF HOLDINGS

HK & CHINA GAS

HANG LUNG PPT

Hong Kong stocks ADR expect the Hang Seng Index to open 250 points higher this morning, reporting at 27,278 points

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00100

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01880

01801

09980

00728

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KNOWLEDGE ATLAS(02513) rose 36.22%, with a trading turnover 1.2 Billion HKD, and a year-to-date rose 138.2%. MINIMAX-WP(00100) rose 11.71%, with a trading turnover 796.5 Million HKD, and a year-to-date rose 212.1%. EASTROC(09980) fell 3.87%, with a trading turnover 206.3 Million HKD, and a year-to-date rose 4%. CHINA TELECOM(00728) fell 2.96%, with a trading turnover 587.4 Million HKD, and a year-to-date fell 8.7%.

- The Hang Seng Index increased by 1.76%, with a year-to-date gain of 5.4%, while the Hang Seng Tech Index rose 1.34%, but has seen a 1.8% decline this year.  
- Zhipu (02513) surged by 36.22% with a trading volume of 1.16 billion HKD, marking a year-to-date increase of 138.2%.  
- In contrast, Dongpeng Beverage (09980) dropped by 3.87% with a trading volume of 210 million HKD, showing a 4% rise for the year, while China Telecom (00728) fell 2.96%, impacting its year-to-date loss of 8.7%.

Top Gainers & Losers

MINIMAX-WP

GIGADEVICE

CTG DUTY-FREE

INNOVENT BIO

EASTROC

CHINA TELECOM

KUAISHOU-W

CHINA MOBILE

Top 5 HK Stock Gainers/Losers (>100B) (2.9)

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The Hong Kong stock ADR is expected to open 234 points lower this morning, at 26,613 points. The relative stock prices of several ADRs and the premium situation of Hong Kong stocks over ADRs are as follows: CKH Holdings HKD 64.224 (premium 1.68%), CLP Holdings HKD 74.834 (premium 0.16%), HK & CHINA GAS HKD 7.245 (premium 5.18%), WHARF REIC HKD 26.147 (premium 0.97%), HSBC HOLDINGS HKD 139.714 (premium -0.51%), POWER ASSETS HKD 60.552 (premium 1.73%), PCCW HKD 5.961 (premium 1.83%), HENDERSON LAND HKD 31.174 (premium 2.91%), SHK PPT HKD 122.822 (premium 0.63%), NEW WORLD DEV HKD 8.726 (premium 22.51%), SWIRE PACIFIC A HKD 77.584 (premium 1.05%), BANK OF E ASIA HKD 14.454 (premium 2.95%), GALAXY ENTERTAINMENT HKD 41.316 (premium 2.48%), HANG LUNG PPT HKD 9.352 (premium 0.41%), Geely Automobile HKD 19.084 (premium -16.58%), CITIC Limited HKD 12.72 (premium -2.99%), Cathay Pacific HKD 12.47 (premium 0.96%)

SWIREPROPERTIES

SWIRE PACIFIC B

HENDERSON INV

WHARF REIC

Guotai CSI All Share Investment Banking & Brokerage ETF

HANG LUNG GROUP

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

HSBC HOLDINGS

CKH HOLDINGS

SUN HUNG KAI CO

The Hong Kong stock ADR is expected to open 234 points lower this morning, reporting at 26,613 points

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STECH

The Hang Seng Index closed at 26,830 points for the half-day, up 54 points or 0.2%; the Hang Seng TECH Index reported 5,453 points, down 72 points or 1.3%. Tencent fell over 3%, with Alibaba, Meituan, and others also experiencing declines. MTR CORPORATION, POWER ASSETS, China International Marine Containers, Zoomlion Heavy Industry Science and Technology, and FIH reached new highs

Hwabao CSI HK Equities Internet ETF

MTR CORPORATION

CSOP HS TECH

Hang Seng TECH Index

TENCENT

FI2 CSOP HSI

FI CSOP HSI

Meituan

E Fund CSI HK Connect Internet ETF

BABA-W

Alibaba

FL2 CSOP HSI

FI2CAMNDQ100

Tencent

Tencent Holdings Limited

The Half-Day Report shows that the Hang Seng Index closed at 26,830 points, up 54 points; the Hang Seng TECH Index closed at 5,453 points, down 72 points. Tencent fell over 3%, while MTR CORPORATION, POWER ASSETS, China International Marine Containers, Zoomlion, and FIH reached new highs

The Hong Kong stock ADR is expected to open 400 points higher this morning, reporting at 27,176 points. The relative stock prices and the premium situation of Hong Kong stocks to the American Depositary Receipts are as follows: CKH HOLDINGS 61.48 (premium 0.03%), CLP HOLDINGS 74.135 (premium -0.65%), HK & CHINA GAS 7.656 (premium -4.39%), WHARF HOLDINGS 23.123 (premium 8.90%), HSBC HOLDINGS 139.989 (premium -3.78%), POWER ASSETS 62.964 (premium -3.68%), PCCW 5.578 (premium 5.41%), HANG LUNG PPT 30.701 (premium 0.65%), SHK PPT 120.928 (premium -0.52%), New World Development 10.234 (premium -2.09%), Swire Properties A 74.604 (premium -0.01%), Bank of East Asia 13.303 (premium 9.90%), GALAXY ENT 42.419 (premium -4.71%), HANG LUNG PPT 9.288 (premium -0.52%), Geely Automobile 19.081 (premium -16.93%), CITIC 12.718 (premium -4.07%), CATHAY PAC AIR 12.179 (premium 0.09%)

CITIC

PCCW

The Hong Kong stock ADR is expected to open 400 points higher this morning, reporting at 27,176 points

The Hong Kong stock ADR is expected to open 197 points higher this morning, at 27,325 points. The relative stock prices of several stocks and the premium situation of Hong Kong stocks to American Depositary Receipts (ADRs) are also listed, including CKH HOLDINGS, HSBC HOLDINGS, and POWER ASSETS

The Hong Kong stock ADR is expected to open 197 points higher this morning, reporting at 27,325 points

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Power Assets Holdings Ltd. (OTCMKTS:HGKGY) reached a new 12-month high of $7.60 during mid-day trading, with a volume of 2,732 shares. The company focuses on power generation and electricity distribution, holding significant interests in The Hongkong Electric Company. Despite its recent performance, analysts have given Power Assets a Hold rating, suggesting that there are better investment opportunities available.

Market Beat

Power Assets Holdings

Bosera CSI All Share Electric Utilities ETF

ChinaAMC Green Electricity ETF

HKELECTRIC-SS

GF CSI All Share Power Public Service ETF

Power Assets (OTCMKTS:HGKGY) Sets New 12-Month High  - Here's What Happened

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The Hang Seng Index closed at 26,749 points, up 119 points or 0.4%; the Hang Seng TECH Index reported 5,798 points, up 35 points or 0.6%. The total market turnover was HKD 240.872 billion. XINYI SOLAR, POP MART, NEW ORIENTAL, and several other stocks performed outstandingly, with XINYI SOLAR rising over 11%. MTR CORPORATION, CKH HOLDINGS, POWER ASSETS, MMG, and MORIMATSU INTL all reached new highs

POP MART

XINYI SOLAR

MORIMATSU INTL

NEW ORIENTAL-S

According to the "All-Day Express," the Hang Seng Index closed at 26,749 points, up 119 points; the Hang Seng TECH Index closed at 5,798 points, up 35 points. XINYI SOLAR rose over 11%. MTR CORPORATION, CKH HOLDINGS, POWER ASSETS, MMG, and MORIMATSU INTL reached new highs with active trading

On January 22, at the close, Power Assets Holdings (6.HK) exhibited a clear bullish atmosphere throughout the trading day, with moderate volume supporting the stock price to oscillate upward along the moving averages. The activity of swing funds shows a further upward trend. This week, the energy sector has continuously attracted incremental funds due to its defensive attributes. Power Assets Holdings, with its solid fundamentals and strong earnings predictability, has historically been the preferred allocation target for large institutional funds' conservative accounts. Although the pace of capital inflow has not significantly increased, the buying power has shown strong resilience, with good volume-price coordination, solidifying the bullish structure and steadily breaking through short-term resistance levels multiple times. The mainstream market view holds that the recent rise of Power Assets Holdings is mainly due to increased industry allocation demand at the beginning of the year, with institutional funds gradually increasing their basic positions, while short-term funds primarily focus on tentative upward movements, with trend-following trading and swing operations being actively synchronized. In terms of industry and news, there have been no significant positive or negative announcements, and the public utility sector continues to recover overall, with a stable supply-demand pattern. The external market is also relatively calm, with the overall rebound of Hong Kong stocks providing additional momentum to the sector. Defensive-weighted stocks benefit from risk aversion and incremental allocation demand, with funds exhibiting a collective holding characteristic. It is worth noting that after a sustained rise, some high-position varieties have experienced significant fluctuations. Although the main funds remain steadfast, there are also instances of partial profit-taking at high levels, increasing market divergence regarding whether the main upward trend can continue. Technically, the daily trend remains robustly upward, with MACD momentum being strong, red bars continuously expanding, and KDJ operating at high levels indicating that short-term active funds are still in play, although overbought signals are gradually strengthening

Technical Forecast

Morning Trend | POWER ASSETS continues to rise, can the sector maintain its main upward momentum?

GRID

Power Assets Holdings Ltd. (OTCMKTS:HGKGY) shares gapped up from $7.05 to $7.45 before the market opened on Thursday, with a trading volume of 152 shares. The company focuses on power generation and electricity distribution, holding significant interests in The Hongkong Electric Company. Analysts currently rate Power Assets as a Hold, but suggest that there are five other stocks that may be better investment options.

Fisr Trust Nasdaq Clean Edge Smart Grid Infra

ISHRS S&P Glb Utilities

Select Sect Spdr Util

Power Assets (OTCMKTS:HGKGY) Shares Gap Up   - What's Next?

The Hong Kong stock ADR is expected to open 91 points higher this morning, reporting at 26,677 points. The relative stock prices of the relevant depositary receipts and the premium situation of Hong Kong stocks to the depositary receipts are as follows: CKH HOLDINGS 61.228 (premium 0.20%), CLP HOLDINGS 73.395 (-0.13%), Hong Kong and China Gas 6.433 (13.17%), WHARF HOLDINGS 22.034 (9.38%), HSBC HOLDINGS 129.74 (-1.19%), POWER ASSETS 57.484 (1.42%), PCCW 5.421 (1.27%), HANG SENG BANK 153.654 (0.42%), HENDERSON LAND 30.489 (0.76%), SHK PPT 110.678 (-0.43%), NEW WORLD DEV 9.077 (4.77%), SWIRE PACIFIC A 73.551 (0.13%), BANK OF E ASIA 13.259 (2.80%), GALAXY ENT 41.557 (-2.25%), Hang Lung Properties 9.43 (-1.27%), Geely Automobile 19.051 (-12.08%), CITIC Limited 11.832 (1.17%), CATHAY PAC AIR, etc

GF CSI All Share Financials ETF

HANG SENG BANK

The Hong Kong stock ADR is expected to open 91 points higher this morning, reporting at 26,677 points

Power Assets Holdings Limited has announced the resignation of Mr. Anthony Wu as Independent Non-executive Director and member of the Audit Committee, effective January 21, 2026. Mr. Stephen Bradley, also an Independent Non-executive Director, has been appointed to the Audit Committee.

Reuters

Power Assets Holdings Appoints Stephen Bradley to Audit Committee as Anthony Wu Resigns

MS-PWRA@EC2609A(22643.HK)

Hong Kong stocks ADR expect the Hang Seng Index to open 400 points lower this morning, reporting at 26,632 points

Hong Kong stocks ADR expect the Hang Seng Index to open 250 points higher this morning, reporting at 27,278 points

Top 5 HK Stock Gainers/Losers (>100B) (2.9)

The Hong Kong stock ADR is expected to open 234 points lower this morning, reporting at 26,613 points

The Half-Day Report shows that the Hang Seng Index closed at 26,830 points, up 54 points; the Hang Seng TECH Index closed at 5,453 points, down 72 points. Tencent fell over 3%, while MTR CORPORATION, POWER ASSETS, China International Marine Containers, Zoomlion, and FIH reached new highs