News: Power Assets Holdings Ltd (0006.HK)

0006.HK on Hong Kong Stock

66.25HKD
4 Sep 2015
Change (% chg)

HK$1.25 (+1.92%)
Prev Close
HK$65.00
Open
HK$65.85
Day's High
HK$67.00
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HK$65.45
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Avg. Vol
3,282,444
52-wk High
HK$82.80
52-wk Low
HK$64.00

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Tue, Jun 9 2015

UPDATE 1-Qatar buys $1.2 bln HK Electric stake from Li Ka-shing's firms

* Power Assets says placement consistent with intent in HKEI Shares of Power Assets fall to 8-month low (Add details, management comment)

Power Assets sells $991 mln HK Electric stake to Qatar

HONG KONG, June 9 - Power Assets Holdings Ltd said it sold a stake worth HK$7.68 billion ($990.79 million) in HK Electric Investments Ltd to Qatar Investment Authority, as the Hong Kong power utility eyes new acquisitions in the global energy industry.

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