香港公用股彰显防御属性 香港中华煤气涨近2% 电能实业涨近1%

Core Viewpoint - The Hong Kong utility sector demonstrates defensive characteristics, showing resilience during global conflicts and outperforming the Hang Seng Index by 7% in the 60 days following significant events [1] Group 1: Stock Performance - Hong Kong Chinese Gas (00003) increased by 1.72%, reaching HKD 7.69 [1] - CLP Holdings (00002) rose by 0.61%, trading at HKD 74.6 [1] - Power Assets Holdings (00006) saw a gain of 0.96%, priced at HKD 63.4 [1] - Hongkong Electric Holdings (02638) climbed by 0.72%, now at HKD 7.01 [1] - Cheung Kong Infrastructure Holdings (01038) also increased by 0.61%, valued at HKD 66.15 [1] Group 2: Market Analysis - HSBC Global Research indicates that the utility sector in Hong Kong consistently exhibits defensive traits during major global conflicts [1] - The sector's core fundamentals remain robust, supported by regulatory frameworks and long-term contracts, allowing it to withstand macroeconomic uncertainties [1] - The impact of rising fuel prices due to geopolitical tensions, such as the closure of the Strait of Hormuz by Iran, is expected to be minimal on sector profitability, as regulated utilities in Hong Kong, the UK, and Australia can fully pass fuel costs onto consumers [1]