Utilities
Hong Kong & China Gas PRC NG sales volume up 15% YoY
It outwits main rival Towngas China (TCCL).
CLP loses its steam in China market
Electricity sales to the Chinese mainland decreased by 16.7% to 1,441GWh from Jan-Sept.
Towngas makes massive investment in eco-friendly energy
The Hong Kong and China Gas Company, widely known in the city as Towngas, plans to spend HK$10 billion to expand in China.
Government faces fight for electricity tariff hikes
CLP Power already reduced its planned increase from 9.2% to 4.9%.
OFTA issues Fair Usage Policy for broadband services
The Office of the Telecommunications Authority promulgated a set of mandatory guidelines setting out the relevant guiding principles for compliance...
Cheung Kong completes purchase of Northumbrian Water Group
The acquisition was worth HK$29.6b.
LPG prices to go down in October
Prices will drop 11 to 12 cents a litre.
Leases at EcoPark Phase 2 given to 6 recycling firms
Six recycling companies have been awarded leases at the EcoPark Phase 2 lots by the Environmental Protection Department.
LPG prices to go down
Ceiling prices will range from $4.44 to $4.86 per litre in August.
Residents get electricity subsidy beginning July
A maximum subsidy of $1,800 will be provided to each eligible residential electricity account from July this year.
Hongkong Electric Holdings name change gets approved
Shareholders of Hongkong Electric Holdings Limited approved a proposal by the Board of Directors to change the name of the Company to "Power Assets...
Moody's maintains stable outlook on Asian utilities
High levels of government ownership in the sector bolster ratings behind support from the government and strong access to the domestic capital and...
Yardway proposes to set up JV to promote wastewater treatment
The JV with Beijing Capital (HK) aims to meet the market demand for urban and rural sewage treatment.
CLP Holdings sales up 16% to HK$43.5bln
Hong Kong, Australian power demand recovers as the utility invested in power projects in some Asian countries.
HK & China Gas profit down 1% to HK$2.97bln
Company continues to look for mainland gas projects with its China unit's profit up 34%.
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