Overview
Description
Power Assets Holdings Limited is a leading investor in power and utility-related businesses, predominantly focused on the development and distribution of electricity. As a sponsored American Depositary Receipt (ADR), it allows U.S. investors to gain exposure to shares of the company, originally based in Hong Kong, without dealing with foreign market complexities directly. ADRs are a crucial instrument in facilitating cross-border investment flows by providing a mechanism for U.S. investors to invest in non-U.S. companies. Power Assets Holdings Limited boasts a diversified portfolio across regions including Europe, North America, Australia, and Asia, impacting sectors such as renewable energy and energy infrastructure. Its market significance is highlighted by its role in developing sustainable power solutions globally, aligning with broad economic shifts toward green energy and infrastructure resilience. By participating in global utility projects, it plays a pivotal role in driving the transition towards more efficient energy systems.
About
CEO
Mr. Chao Chung Tsai BAppScMechEng, BSME, CPEng
Employees
16
Address
Cheung Kong Center
Unit 2005 20th Floor 2 Queen’s Road
Central
Unit 2005 20th Floor 2 Queen’s Road
Central
Phone
852 2122 9122
Website
Instrument type
American depositary receipt
Sector
Utilities
Industry
Utilities - Independent Power Producers
Country
United States
MIC code
PINX