CLP Group traded at 76.65 this Friday May 15th, decreasing 0.45 or 0.58 percent since the previous trading session. Looking back, over the last four weeks, CLP lost 2.96 percent. Over the last 12 months, its price rose by 16.05 percent. Looking ahead, we forecast CLP Group to be priced at 72.96 by the end of this quarter and at 66.36 in one year, according to Trading Economics global macro models projections and analysts expectations.
CLP Holdings Limitedis an investment holding company mainly engaged in the generation and supply of electricity. The Company operates a portfolio of generating assets, harnessing a wide range of fuels including coal, gas, nuclear, wind, hydro and solar. Its business also includes transmission and distribution, and electricity and gas retail activities. Along with subsidiaries, the Company operates its business through five segments: the Hong Kong segment, the Mainland China segment, the India segment, the Southeast Asia and Taiwan segment, and the Australia segment. The Hong Kong segment operates a vertically-integrated regulated business. It is involved of generation, distribution and provision of electricity supply.