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United Kingdom

CLP Holdings Ltd (0002.HK)

0002.HK on Hong Kong Stock

81.50HKD
22 Aug 2019
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Fri, Jun 21 2019

UPDATE 1-Australian power woes knock Hong Kong's CLP Holdings

* CLP faces up to $900 mln writedown on Australian retail arm

Shares in Hong Kong's CLP Holdings tumble on Australian power woes

MELBOURNE, June 21 Shares in Hong Kong's CLP Holdings posted their worst drop in over a decade on Friday after the power company warned it would book a first-half loss due to a big writedown on the value of its Australian business.

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