CLP Group?

Question

has anyone heard of CLP Group?  it is a utilities company based out of hong kong.  apparently, they generate 80% of hong kong&#x27;s electricity and do business throughout the asia-pacific region.  that&#x27;s about all i know.  they are traded here as an american depositary receipt (CLPHY).  their average daily volume is only like 120,000 or so.  isnt this pretty low?  i have never traded an ADR before so i dont know much about this.  any info. would be greatly appreciated.

ogmike · Answer

has anyone heard of CLP Group?  it is a utilities company based out of hong kong.  apparently, they generate 80% of hong kong&#x27;s electricity and do business throughout the asia-pacific region.  that&#x27;s about all i know.  they are traded here as an american depositary receipt (CLPHY).  their average daily volume is only like 120,000 or so.  isnt this pretty low?  i have never traded an ADR before so i dont know much about this.  any info. would be greatly appreciated.

wallstreetcappers · Answer

The problem is since the stock isnt listed on the NYSE or NAZ, the financials and information about the stock is limited.

If I were serious about it I would probably search resources on the exchange it trades on, like Hong Kong and see how it compares with any peers and if there are any opinions on it from firms etc.

As for trading the stock on the pinks, you can do it..not much different than trading other stocks.

CLP Group?

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