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What the papers say - FINANCIAL TIMES

News stand

The century-long duopoly of Hong Kong's electricity market could be broken as competitors challenge high per unit margins.

Mainland Chinese Power producers Enerchina, CR Power and media company Vertex have said they want to compete with Hong Kong Electric and CLP, who are licensed to supply electricity to the territory until 2008. The prospect of deregulation would shift the historical emphasis on assuring stability of supply towards encouraging price competition.

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