TheScreener - HK Electric Investments HK Electric Investments Ltd. (02638) An unfavourable environment weighs on HK ELECTRIC INVESTMENTS, which sees a downgrade to Neutral

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An unfavourable environment weighs on HK ELECTRIC INVESTMENTS, which sees a downgrade to Neutral

The independent financial analyst theScreener just requalified the general evaluation of HK ELECTRIC INVESTMENTS (HK), active in the Conventional Electricity industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as defensive. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Neutral. As of the analysis date January 28, 2022, the closing price was HKD 7.75 and its target price was estimated at HKD 7.36.

29/01/2022 1 EN

Underlying

HK Electric Investments & HK Electric Investments Ltd.

HK Electric Investments is an investment trust based in Hong Kong. Co. maintains an investment focus on the power industry. Co.'s operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Co. conducts is operations through its principal operating subsidiary, The Hongkong Electric Company (HEC). HEC's power generation facility is the Lamma Power Station which has an aggregate installed capacity of 3,737 megawatt (MW). Co. provides electricity to 575,000 registered customers on Hong Kong Island and Lamma Island.

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HK0000179108 Hong Kong Stock Exchange Cayman Islands

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TheScreener

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An unfavourable environment weighs on HK ELECTRIC INVESTMENTS, which sees a downgrade to Neutral

Empowering Investors

UAFRS vs As Reported Weekly Highlights - Asia - 2020 05 01

Morningstar | Ceasing Coverage on HK Electric Investments

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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