exports to guangdong fuel 2.5pc rise in clp sales Strong growth in exporting electricity to Guangdong helped fuel a 2.5 per cent rise in CLP Power's sales in the first seven months of this year. The utility sold 10.9 per cent more electricity to the mainland while sales at its Kowloon, the New Territories and Lantau markets climbed 1.3 per cent. The number of its customers in Hong Kong grew 1.4 per cent to 2.22 million. richard li denies deal Representatives of PCCW chairman Richard Li Tzar-kai denied a report in a Taiwanese newspaper yesterday that said he would offer NT$24 billion (HK$5.6 billion) for a 60 per cent stake in China Network Systems, a cable television operator on the island. tarmac asphalt buyout Galaxy Entertainment Group, a construction material company turned Macau gaming firm, has bought out the 80 per cent stake in Tarmac Asphalt Hong Kong it did not own for HK$87.39 million from the British parent. foreign assets increase The Exchange Fund's foreign assets amounted to HK$939.5 billion last month, up HK$5.2 billion or 0.55 per cent on June, according to the Hong Kong Monetary Authority's latest data.
