CLP Holdings Ltd. Sponsored ADR (CLP1)
FSX
Real-time Data
06:00 AM
Day's Range
8.3052 wk Range
6.85Profile - CLP1 - CLP Holdings Ltd. Sponsored ADR
Profile
Mic Code
XFRA
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
8.44K
CLP Holdings Ltd. Sponsored ADR represents the American Depositary Receipts of CLP Holdings Limited, a prominent electric utility company based in Hong Kong. The primary function of these ADRs is to provide investors in the United States with a means to invest in CLP Holdings without directly dealing in foreign stock exchanges. CLP Holdings is substantially involved in the generation, transmission, and distribution of electricity. It plays a significant role in the energy sectors of Hong Kong, Mainland China, India, Southeast Asia, and Australia. The company's extensive range of operations spans across several energy sources including coal, gas, nuclear, and renewable energies, highlighting its strategic involvement in transitioning towards sustainable energy solutions. In the financial market, the sponsored ADR of CLP Holdings enables easier access for US investors to participate in a globally diversified energy sector, offering exposure to emerging markets and the broader Asian economic landscape. CLP Holdings Ltd. ADR thus serves as an important instrument for diversification and participation in international utilities infrastructure.
Profile Details
Type
American Depositary Receipt
Ceo
Mr. Tung Keung Chiang BSc(Eng.), CEng, MBA, MHKIE, MIET, MSc
Address
CLP Headquarters
City
Kowloon
Country
Hong Kong
Phone
852 2678 8111
The information on this page is provided for general informational purposes only and is not investment advice.
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