<div id="readability-page-1"><p>Power Assets Holdings Ltd. (OTCMKTS:HGKGY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $7.60 and last traded at $7.60, with a volume of 2732 shares traded. The stock had previously closed at $7.60.</p><h2>Power Assets Price Performance</h2><p>The business has a fifty day moving average of $6.96 and a 200 day moving average of $6.64. </p><h2>About Power Assets</h2> (Get Free Report)<p>Power Assets Holdings Limited, traded over the counter as HGKGY, is an investment holding company focused on power generation and electricity distribution businesses. Incorporated in Bermuda, the company holds a significant equity interest in The Hongkong Electric Company, serving Hong Kong Island and Lamma Island. Its core activities include long-term investments in regulated utility assets and the development of low-carbon energy solutions.  </p><p>Beyond its flagship investment in Hong Kong, Power Assets has diversified holdings across Asia Pacific and Europe.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Power Assets</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>Do not delete, read immediately</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>If You Keep Cash In A U.S. Bank Account… Read This NOW</li><li>Executive Order 14330: Trump’s Biggest Yet</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Power Assets Right Now?</h2><p>Before you consider Power Assets, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Power Assets wasn't on the list.</p><p>While Power Assets currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Power Assets Holdings Ltd. (OTCMKTS:HGKGY) reached a new 12-month high of $7.60 during mid-day trading, with a volume of 2,732 shares. The company focuses on power generation and electricity distribution, holding significant interests in The Hongkong Electric Company. Despite its recent performance, analysts have given Power Assets a Hold rating, suggesting that there are better investment opportunities available.</p>

Power Assets (OTCMKTS:HGKGY) Sets New 12-Month High - Here's What Happened