CLP Power, one of Hong Kong's two main electricity suppliers, has raised its tariffs again. The company will charge consumers 3.1 percent more from next year. People living in Kowloon and New Territor ...More
EJ Insight2014-12-18
Despite falling crude oil prices, Hong Kong's biggest power supplier plans to raise electricity rates by 3.1 percent in 2015. CLP Holdings, which services Kowloon, Lantau and the New Territories, said ...More
EJ Insight2014-12-17
Hong Kong's next batch of multi-millionaires are about to be minted thanks to a record Mark Six jackpot (HK$150 million) this weekend and a whopping 3T prize money (HK$30 million) as the horse racing ...More
EJ Insight2014-09-12
With major global stock indexes named after promoter publishing groups like Dow Jones, FT and Nikkei, one would have imagined that Hong Kong's benchmark would also bear the name of a newspaper title - ...More
EJ Insight2014-07-31
Malaysian state investment fund 1MDB has unveiled plans to list its power generation assets through an initial public offering (IPO) that could raise up to US$3 billion, Financial Times reported. The ...More
EJ Insight2014-07-04
Billionaire Li Ka-shing, often referred to as "Superman" for his financial prowess, will see his powers and influence getting tested as the government prepares to launch next month a public consultati ...More
EJ Insight2014-05-28
Hong Kong is pressing ahead with a planned liberalization of its electricity market despite a divided public opinion. The government said importing power from the mainland is the first step in the pro ...More
EJ Insight2014-05-27
Electricity consumers face potential supply disruptions if Hong Kong imports power from mainland China, Canning Fok, chairman of Power Assets Holdings Ltd. (00006.HK), said Thursday. Power Assets owns ...More
EJ Insight2014-05-15
Tycoon Li Ka-shing's Cheung Kong Group has joined the bidding for Australian natural gas distributor Envestra, signaling its ambition to scale up its assets in the resource-rich continent. A consorti ...More
EJ Insight2014-05-09
Hong Kong's benchmark Hang Seng Index (HSI) tumbled over 360 points on Tuesday as investors worried the mainland economy is slowing faster than expected. China will release its first-quarter gross dom ...More
EJ Insight2014-04-15
Hong Kong stocks followed overseas peers when they resumed trading on Tuesday after the Lunar New Year holidays, closing with sharp losses as market sentiment turned sour after shares plunged on Wall ...More
EJ Insight2014-02-04
Hong Kong stocks ended a four-day losing run Wednesday, buoyed by a festive hype that is creating waves in the mainland. The benchmark Hang Seng Index climbed 180 points or 0.82 percent to 22,141 afte ...More
EJ Insight2014-01-29
China lenders tumbled on Thursday amid news reports that a trust distributed by Industrial & Commercial Bank of China (01398.HK) was on the brink of default, and the bank could assume responsibili ...More
EJ Insight2014-01-23
Tycoon Li Ka-shing has raised US$3.11 billion in an initial public offering of his Hong Kong electricity assets in Asia's biggest deal this year, the Wall Street Journal reported Wednesday. The IPO of ...More
EJ Insight2014-01-22
State Grid Corp. of China is likely to become the biggest cornerstone investor in HK Electric Investments Ltd.’s US$5.7 billion Hong Kong initial public offering, which is due to launch Monday, Reuter ...More
EJ Insight2014-01-13
From his planned sale of supermarket business ParknShop to a series of property selloffs in China, tycoon Li Ka-shing has stirred up confusion and conjecture across Hong Kong and the mainland in the l ...More
EJ Insight2014-01-06
China's A-share markets could see around 250 billion yuan (US$41.3 billion) raised in initial public offerings (IPOs) this year involving more than 300 firms, according to audit and consultancy giant ...More
EJ Insight2014-01-02
Mainland lenders and China Mobile (00941.HK) weighed on the Hong Kong benchmark index Monday, with the announcement that China's manufacturing activity slowed to a three-month low in December. The HSB ...More
EJ Insight2013-12-16
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Monday, Dec. 16: TOP STORIES Power Assets unveils US$5 billion spinoff pla ...More
EJ Insight2013-12-16
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Wednesday, Dec. 11: TOP STORIES Shanghai overtakes Hong Kong in competitiv ...More
EJ Insight2013-12-11
