CLP, HK0002007356

HSBC keeps Buy rating on CLP stock at HKD 88.00

Published on 10/07/2026 at 03:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit hit HKD 6.10 billion in the June quarter, up 6.64 percent year over year. CLP stock was HKD 75.60 on October 7, 2026 versus HKD 79.80.

CLP, HK0002007356, Illustration mit AI erstellt.

CLP Holdings (ISIN HK0002007356) has a fresh analyst reference point after HSBC maintained its Buy rating on September 17, 2026, and set a price target of HKD 88.00, according to The Globe and Mail. The target is 16.40 percent above the HKD 75.60 Hong Kong price quoted on October 7, 2026.

Profit rises while revenue holds

For the quarter ended June 30, 2026, CLP reported revenue of HKD 42.86 billion and net profit of HKD 6.10 billion, according to The Globe and Mail. Revenue was up 0.02 percent from HKD 42.85 billion a year earlier, while net profit increased 6.64 percent from HKD 5.72 billion.

The comparison matters because the earnings improvement came with nearly unchanged quarterly revenue. For investors, the reported profit increase gives the HSBC target a stronger operating reference than a valuation argument based only on the share price.

Power capacity supports the story

CLP says its operations covered 22,672 megawatts of generation and energy storage capacity as of June 30, 2026, alongside more than 5.1 million customer accounts, according to the CLP Group website. The company lists Hong Kong, mainland China, Australia, India, Taiwan and Southeast Asia among its operating markets.

The South China Morning Post identifies CLP as an Asia-Pacific power business and lists its Hong Kong Stock Exchange code as 0002. That geographic spread leaves the investment case tied to both regulated electricity demand and the execution of large infrastructure projects.

Hong Kong price stays below yearly high

On the Hong Kong Stock Exchange, CLP was last at HKD 75.60 on October 7, 2026 at 9:29 a.m. HKT, with market capitalization of HKD 191.0 billion. Its 52-week range was HKD 64.60 to HKD 79.80, placing the price 5.26 percent below the high.

The Lang and Schwarz reference set lists a prior close of EUR 8.58 for October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of CLP Holdings stock.