Hong Kong

Analysts applaud their strong headline results.

Strong cash flow also a key highlight.

Operating profit was at RMB1.25bn

When you flick a switch, there is light, it's as simple as that. It's so obvious and available we simply take it for granted. However, behind this simple act is an infrastructure that has been built over many years and been a cornerstone of Hong Kong's rapid expansion. So let's first understand the structure.

But there's more to do.

Unexpectedly worse natural gas business performance cited.

Upcoming capacity growth could be relatively strong.

Around 3,500 invididuals will be affected.

Following weak wind speed in 2014.

Thanks partly to unexpectedly lower fuel cost.

Thanks to 'decent hydropower exposure'.

Thanks partly to unexpectedly better associate contribution.

Are investors convinced of its emerging value?

Shares have fallen 38% since August 2013.

The line helps achieve high conversion efficiency.

Momentum will apparently keep going into 1H15F.