[ET Net News Agency, 25 February 2025] HSBC Global Research raised the target price for CLP Holdings (00002) to HKD78 from HKD76 and maintained the "buy" rating.
The research house said CLP remains as its preferred pick among Hong Kong utilities as rising FCF should lead to a sustained cycle of increased dividends. (rc)
The research house said CLP remains as its preferred pick among Hong Kong utilities as rising FCF should lead to a sustained cycle of increased dividends. (rc)