02638 HKELECTRIC-SS
- 5.450
- +0.030+0.55%
HKELECTRIC-SS News
Is HK Electric Investments and HK Electric Investments Limited (HKG:2638) Trading At A 20% Discount?
Citi expects a 2.25% rate cut in the United States over the next 12 months, and expects a valuation re-evaluation of Hong Kong's utilities industry.
Citigroup said that since 1998, the stock price performance of Hong Kong's utilities industry has had a historical correlation of 55%-83% with the yield of US ten-year Treasury bonds.
Daiwa: Still bullish on Power Assets (00006) and CKI Holdings (01038) in the utilities industry, with a 'buy' rating for both.
Daiwa prefers Power Assets (00006) due to its predicted dividend yield of 5.45% in 2024, over CKI Holdings (01038) (estimated at 4.84%) and HK & China Gas (00003) (5.48%, but under high uncertainty amidst deleveraging).
On August 13th, Hong Kong Electric Lighting Company - SS (02638.HK) held a board of directors meeting to review the mid-term performance.
On July 31st, Guolong announced that Harbor Light-SS (02638.HK) had entrusted the manager and the company to hold a board meeting on Tuesday, August 13, 2024 (except for other matters) to review the trust, the company and its affiliates, and the mid-term performance of the manager as of June 30, 2024, and to consider making mid-term distributions.
HKELECTRIC-SS: Date of Board Meetings (2024 interim results)
What HK Electric Investments and HK Electric Investments Limited's (HKG:2638) P/E Is Not Telling You
Huaxi Securities: Rigid demand emerges, global electrical utilities system welcomes development opportunities.
From an overseas perspective, the global new energy installed capacity is growing rapidly, driven by the upgrading of power grids, increased infrastructure support, large-scale expansion of manufacturing industry, datacenter construction, and cross-border interconnection of power grids. The investment in power grids has entered a prosperous cycle, and the overseas power equipment market has considerable potential.
Is HK Electric Investments and HK Electric Investments Limited's (HKG:2638) ROE Of 6.4% Impressive?
Electrical utilities sector charged successfully?
Extreme weather is affecting electrical utilities supply. Since the start of summer, most southern regions have experienced continuous rainfall, with some areas facing flood situations. Meanwhile, northern regions have been experiencing sustained high temperatures leading to severe drought in some areas. This polarization of south flooding and north drought has resulted in a rapid growth of electricity demand in the north, potentially extending the bullish trend in the electrical utilities sector.
HK Electric Investments and HK Electric Investments (HKG:2638) Has A Somewhat Strained Balance Sheet
HK Electric Investments and HK Electric Investments (HKG:2638) Has Some Way To Go To Become A Multi-Bagger
HK Electric Investments and HK Electric Investments (HKG:2638) Shareholders Have Endured a 25% Loss From Investing in the Stock Five Years Ago
HK Electric Investments and HK Electric Investments: Annual Report 2023
HK Electric Investments and HK Electric Investments Ltd's Dividend Analysis
HK Electric Investments and HK Electric Investments Limited Goes Ex Dividend Tomorrow
HK Electric Investments and HK Electric Investments Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
HK Electric Investments' Attributable Profit Rises in 2023
Citi: Reiterates HKDC-SS (02638) “Buy” Rating Target Price Increase to HK$5.45
The Zhitong Finance App learned that Citi released a research report stating that it reaffirmed the Hong Kong Density-SS (02638) “buy” rating and raised HK Electric's earnings test by 0.7% next year in consideration of the expansion of the asset base. Under the control agreement, the annual dividend rate from 2024 to 2028 is expected to continue to reach at least 6.7%, and the target price will increase by 0.9% to HK$5.45 from HK$5.4. According to the report, under good cost control, net profit attributable to the company's joint stock holders rose 6.8% year-on-year to 3.156 billion yuan last year, 4.6% higher than market expectations. A second interim dividend of 16.09 cents was paid in lieu of
HK Electric Investments and HK Electric Investments To Go Ex-Dividend On April 5th, 2024 With 0.1609 HKD Dividend Per Share
HK Electric - SS (02638) will pay a final dividend of HK$0.1609 per share on April 17
HK Electric - SS (02638) announced that the company will distribute until 2023 on April 17, 2024...
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