Hong Kong Utilities Low Leverage High Rewards

ENN Energy Holdings

Market Cap: HK$68.4b

An investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People’s Republic of China.

Tianjin Development Holdings

Market Cap: HK$2.0b

Through its subsidiaries, supplies water, heat, thermal power, and electricity to industrial, commercial, and residential customers in the Tianjin Economic and Technological Development Area, the People’s Republic of China.

Guangdong Investment

Market Cap: HK$41.1b

An investment holding company, engages in water resources, property investment and development, department store operation, hotel ownership, energy project operation and management, and road and bridge operation businesses.

China Resources Gas Group

Market Cap: HK$50.2b

An investment holding company, engages in the sale of natural and liquefied gas, and connection of gas pipelines.

CK Infrastructure Holdings

Market Cap: HK$131.8b

An infrastructure company, develops, invests in, operates, and commercializes infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.