SEHK:3Gas Utilities
Hong Kong and China Gas (SEHK:3) Draws Valuation Focus, Is The Premium Already Too High?
Hong Kong and China Gas (SEHK:3) recently drew investor attention after fresh performance figures showed modest revenue and net income growth, along with total returns that differ sharply between the past 3 years and the longer 5 year period.
Recent trading has been mixed for Hong Kong and China Gas, with the 30-day share price return of 5.19% and 90-day gain of 5.74% contrasting with a year-to-date share price move that is roughly flat. The 3-year total shareholder return of 50.33% points to...