CLP Holdings , the parent company of Hong Kong’s largest energy firm, has posted an underlying profit of HK$5.73 billion (US$730.49 million) in the first half of 2026, a 9.7 per cent year-on-year rise, driven by growth in its local regulated business. The company also proceeded with a HK$2.5 billion investment to boost the electricity supply for the Northern Metropolis megaproject. Chairman Michael Kadoorie outlined proposals to support the city’s inaugural five-year plan, accelerate decarbonisation in line with national targets, and invest in strengthening the power supply to the technology-driven Northern Metropolis project. “We are committed to contributing to a low-carbon, resilient and sustainable energy future that Hong Kong needs for its next phase of growth,” he said. For the first time, Kadoorie shed light on high-level meetings held earlier this year between CLP and Xia Baolong, director of the Hong Kong and Macau Affairs Office, as well as He Yang, deputy director of China’s National Energy Administration.