Company Overview and News

Stop missing out on important events!

Fintel provides real time notifications of important company events such as major investments (13D/G filings), insider trades (SEC form 4), and important SEC filings. Sign up and create your company alerts for free.

Headline News

Why 117-year-old Hong Kong utility CLP seeks partnerships and stakes in tech start-ups 

2018-03-05 scmp
CLP Holdings, the larger of Hong Kong’s two electricity suppliers, is looking for more partnerships with universities and strategic investments in start-ups with technologies and ideas that can help the 117 year-old utility become more cost efficient and better at meeting customer needs.

CLP Holdings Ltd. ADR 2017 Q4 - Results - Earnings Call Slides

2018-02-26 seekingalpha
The following slide deck was published by CLP Holdings Ltd. ADR in conjunction with their 2017 Q4 earnings call.

Hong Kong utility CLP beats analysts expectations with 86pc rise in 2017 net profit

2018-02-26 scmp
CLP Holdings, the larger of Hong Kong’s two electricity suppliers, posted a better-than-expected 8 per cent net profit growth, thanks mainly to higher profits from Australia.

CLP India eyes Essel Infraprojects’s power transmission business

2018-02-21 livemint
New Delhi: CLP India Pvt. Ltd, one of the largest foreign investors in the Indian power sector, is interested in acquiring Essel Infraprojects Ltd’s power transmission business at a potential valuation of around $1 billion.

China’s nuclear power giant CGN to sell up to 5 billion new shares to fund reactor construction 

2018-02-12 scmp
Shares of CGN Power, China's largest nuclear power producer, surged as much as five per cent after it unveiled a plan to sell new shares, equivalent to a 10 per cent stake, to fund construction of four reactors.

CLP India eyes transmission assets

2018-02-06 livemint
New Delhi: CLP India Pvt. Ltd, one of the largest foreign investors in the Indian power sector, is looking at acquisitions to enter the transmission business amid low green energy tariffs that threaten profitability, said two people aware of the development.

Australia formalises checks on foreign ownership of electricity assets amid growing Chinese influence

2018-02-01 scmp
Australia has vowed to impose formal restrictions on foreign investment in its electricity sector – where bids from mainland China and Hong Kong have previously been rejected on grounds of national interest – ahead of a federal election that could take place as soon as this year.

CLP Holdings: Should This Low-Debt 3.5% Yielder Power Your Portfolio?

2017-12-04 seekingalpha
A sterling track record of dividend growth and a 3.5% yield should put this stock squarely on investors' radar. (1-0)

Australia shuns clean energy target in policy overhaul

2017-10-17 in.reuters
MELBOURNE (Reuters) - Australia’s government on Tuesday rejected calls to set a clean energy target, instead scrapping aid for renewable projects and adopting a fuel-neutral energy policy that it said could keep the country’s lights on and cut power prices. (2-1)

Lights Out? Now Australia's Got a Coal Shortage - Bloomberg

2017-09-28 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (2-0)

HKEX’s latest initiative means more management transparency

2017-09-17 scmp
Move to make listed firms include environmental, social and governance criteria in annual reports adds burdens, but others say it is not enough

CLP profits hit by volatile Australian energy contracts

2017-08-07 scmp
The larger of Hong Kong’s two electricity suppliers reports profit of HK$5.91 billion, 3.5pc down from 2016 and short of expectations

The secret to Hong Kong tycoons’ success in one word: diversify

2017-06-29 scmp
Where and how fortunes were made very much charted how quickly they grew their billions in the two decades since Hong Kong returned to Chinese power in 1997. (0-1)

Hong Kong utilities’ “going out” mirrors the city’s transition since 1997

2017-06-24 scmp
Backed by steady returns from their local businesses, Hong Kong utility companies have seen overseas ventures yield results in the past two decades

Here’s why mobile apps, big data and drones matter to Hong Kong’s century-old utility

2017-06-19 scmp
CLP Holdings, the dominant electricity supplier to Hong Kong since 1901, said it’s scouting for new technologies from interactive consumer mobile apps to infrastructure operating data analytic tools to drones for inspecting power lines and cleaning solar panels.