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<Research>HSBC Research Hikes CLP HOLDINGS TP to $80; ST Outlook Remains Optimistic
CLP HOLDINGS (00002.HK) announced a quarterly DPS of HKD0.63, as expected, HSBC Global Research’s report noted, which remained optimistic about CLP’s short-term prospec...
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<Research>HSBC Research Hikes CLP HOLDINGS TP to $80; ST Outlook Remains Optimistic
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CLP HOLDINGS (00002.HK)  +0.050 (+0.075%)    Short selling $5.27M; Ratio 13.257%   announced a quarterly DPS of HKD0.63, as expected, HSBC Global Research’s report noted, which remained optimistic about CLP’s short-term prospects, citing robust operations and protected cash flows, which will support its cycle of dividend uplift.

HSBC Global Research maintained a Buy rating on CLP, slightly raising the target price from HKD78 to HKD80.

The broker advised investors to keep close tab on the recovery of CLP’s Australian business, anticipated to be a key driver of group profits and provide clarity for dividend distributions.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-22 12:25.)

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