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According to Hong Kong Stock Exchange filings, HSBC Holdings (00005.HK) repurchased 342,400 shares on August 27, at a cost of HK$55.4 million.According to Hong Kong Stock Exchange filings, HSBC Holdings (00005.HK) repurchased a total of 3 million shares on other exchanges on August 27, at a cost of £45.3 million.Morgan Stanley raised its price target for Marwell Technology (MRVL.O) from $224 to $246.On August 28th, Meituan (03690.HK) announced that its core local commerce segments operating profit increased from RMB 3.7 billion in the second quarter of 2025 to RMB 5.7 billion in the same period of 2026, with the segments operating profit margin increasing by 2.2 percentage points year-on-year to 7.9%. The increase in operating profit and operating profit margin was primarily due to the companys focus on high-quality growth through dynamic optimization of its marketing strategies. The operating loss of the new business segment narrowed from RMB 1.9 billion in the second quarter of 2025 to RMB 1.7 billion in the same period of 2026, with the segments operating loss margin improving by 1.8 percentage points year-on-year to 5.3%. The improvement in both operating loss and operating loss margin was mainly due to improved operational efficiency in the grocery retail business and overseas business.August 28th – It was learned today from the National Data Administration that over 20 computing power scheduling entities have officially joined the National Integrated Computing Power Network Monitoring and Scheduling Experimental Verification Platform, comprehensively enhancing computing power scheduling and operation service capabilities. According to reports, the National Integrated Computing Power Network, as one of the "six networks," is a major project proposed in the "15th Five-Year Plan." The monitoring and scheduling platform is an important component of this project, and currently, 1.45 million PFLOPS (FP16) of intelligent computing power are included in the monitoring scope. Next, the National Development and Reform Commission and the National Data Administration will further promote the construction of the "Eastern Data, Western Computing" project, accelerating the construction of the National Integrated Computing Power Network based on eight national computing power hubs and three computing and power collaborative development regions.

In Colombia, natural gas consumption has outpaced production

Charlie Brooks

Jun 28, 2022 11:31


According to our most recent Colombia Country Analysis Brief, Colombia imported 14,2 billion cubic feet (Bcf) of natural gas to help meet its natural gas demand for electricity in 2020, when a drop in hydroelectric power was caused by drought.


In 2020, hydroelectricity will contribute to around 65% of Colombia's electrical generation, down from nearly 80% in earlier years. Since hydropower is Colombia's principal energy source, droughts may have a significant effect on the country's electrical producing mix.


The bulk of natural gas used in Colombia is produced domestically and employed to create electricity. In recent years, imports have progressively bridged the gap between domestic natural gas production and domestic demand. In 2020, Colombia produced 399 Bcf of dry natural gas, while domestic consumption was 413 Bcf.


Concerns over the reliability of the nation's electricity supply prompted the Colombian government to approve the Sociedad Portuaria El Cayao (SPEC) LNG import plant in November 2014. The facility started operations in November 2016. The administration has since proposed the Pacific Regasification LNG terminal as the nation's second LNG import plant.


EPM is currently developing the new hydroelectric dam project Ituango. The first of eight 300-megawatt generating units will commence operating in the second part of 2022. The whole project will have a capacity of 2.4 gigawatts when it is finished in 2025. If completed, the Ituango project would be the largest hydroelectric power plant in Colombia in terms of generating capacity. In 2020, the installed electrical production capacity of Colombia was 17 gigawatts.

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