CLP Holdings. The utility has two arms. One division services virtually 70% of Hong Kong's power requirement through a regulated contractual agreement with the Hong Kong government. Through the Scheme of Control, it is allowed a return of 15% on its net average fixed assets. The second division, CLP Power Asia, wholly/partly owns utilities in Australia, China, India, Taiwan and Thailand. As interest rates keep falling in Hong Kong, given their peg to the Dollar, CLP's reliable cash flow stream will become an increasingly valuable asset.
| Sedol |
Type |
Price |
Date |
| 6097017 |
Buy |
HKD 59.00 |
23/01/2008 | |
