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HKELECTRIC-SS CEO: Fuel Clause Charge May Rise Markedly Mid-Yr if Fuel Prices Remain High
2026-04-01 14:24:27 The recent rapid changes in the Middle East have caused extreme fluctuations in the global energy market since March, HKELECTRIC-SS (02638.HK) CEO Francis Cheng said in his column. Such volatility has sent fuel prices spiking, which, in turn, has led to a surge in overall costs. As the current fuel clause charge mechanism only uses data from the past three months, Cheng stressed that there will be a lag effect. The fuel clause charge will greatly increase starting mid-year if international fuel prices remain high. ~ AAStocks Financial News Web Site: www.aastocks.com | |