01113 CK ASSET
- 32.650
- +0.200+0.62%
CK ASSET News
Market Chatter: CK Asset to Release New Batch of Apartments in Hong Kong
Hong Kong property stocks generally rise as interest rate expectations boost housing sentiment. Hong Kong's top ten housing estates recorded the highest transaction volume in about six months over the weekend.
Hong Kong property stocks generally rose. As of the time of writing, Wharf REIC (01997) rose by 4.1% to 22.85 Hong Kong dollars; CK Asset (01113) rose by 4.06% to 32.05 Hong Kong dollars.
CK Asset Holdings Limited Goes Ex Dividend Monday
Cheung Kong (01113) Zhao Guoxiong: The first-hand property prices in Hong Kong have basically stabilized, and a rate cut can improve citizens' confidence in entering the market.
According to media reports, Zhao Guoxiong, Executive Director of Cheung Kong (01113), stated during a program that the first-hand property prices in Hong Kong have basically stabilized, and he believes that interest rate cuts can improve the confidence of citizens in entering the market.
Here's Why We're Wary Of Buying CK Asset Holdings' (HKG:1113) For Its Upcoming Dividend
ck asset (01113) cancelled 0.25 million shares on September 5th.
CK Asset (01113) announced that it will cancel 0.25 million shares of repurchased shares on September 5, 2024.
Hong Kong property stocks generally rise as interest rate expectations rise again. Credit Suisse expects Hong Kong residential property prices to rebound by 5% next year.
Hong Kong property stocks are generally rising, as of the time of writing, Wharf REIC (01997) is up 3.71% to HK$22.35; Link Real Estate Investment Trust (00823) is up 3.34% to HK$37.1.
These 4 Measures Indicate That CK Asset Holdings (HKG:1113) Is Using Debt Extensively
Property mortgage applications in Hong Kong decreased by 50% month-on-month in August, reaching a 4-month low.
Cao Deming said that the cooling effect did not continue, and the pace of developers' new launches has slowed in recent months, leading to a decline in both primary and secondary market transactions. In addition, the lack of large new property launches has contributed to the monthly decline in the number of existing building and presale cases in August.
New World Development (00017) has released a performance forecast: It is expected that the core profit for the fiscal year 2024 may reach HK$6.9 billion.
On August 30th, New World Development (00017) issued a performance forecast, excluding one-time sale of investment properties, investment properties...
CK ASSET: INTERIM REPORT 2024
Zhongyuan Mortgage: Hong Kong banks accelerate the residential mortgage approval process, helping to boost the confidence of home buyers entering the market.
Wang Meifeng said that if home buyers submit their mortgage applications early, they may even have the chance to understand the mortgage approval status before signing the formal purchase contract, reducing the uncertainty of the transaction process and effectively enhancing buyers' confidence in entering the market.
CK ASSET HOLDNGS To Go Ex-Dividend On September 16th, 2024 With 0.10009 USD Dividend Per Share
DBS: Maintains CK Asset (01113) 'Neutral' rating with a target price decrease to HKD 38.
DBS has lowered CK Asset's (01113) earnings per share estimates to 4%/12%/14% for 2024-2025.
Goldman Sachs: Maintain a 'buy' rating on CK Asset (01113), with a target price raised to HKD 41.
Goldman Sachs has raised and lowered its earnings per share forecasts for CK Asset in 2024, 2025, and 2026 by 6%, -6%, and -7%, respectively.
CK Asset Holdings Limited Just Recorded A 35% EPS Beat: Here's What Analysts Are Forecasting Next
Citi Remains a Buy on CK Asset Holdings (CHKGF)
Goldman Sachs: Maintains a neutral rating for CK Asset with a target price of HKD 32.
Goldman Sachs released a research report stating that it maintains a "neutral" rating on CK Asset (01113) with a target price of HKD 32. Considering the decrease in pre-sale of property development, the full-year core net profit forecast of CK Asset has been lowered to HKD 12.3 billion. Due to the increase in the completed quantity of pre-ordered development properties, it is expected that the year-on-year growth rate of core net profit in 2025 and 2026 will be 11% and 3% respectively. The profit of development properties is expected to drop sharply in 2026, as the income from BlueCoast in the south of Hong Kong Island has been accounted for. Morgan Stanley pointed out that CK Asset's core earnings and dividend per share both fell by about 9% year-on-year in the first half of the year, mainly due to the decrease in pre-sale of property development. After the unexpected dividend reduction last year,
HKEx News | CK Asset (01113) drops more than 3%. Revenue and net profit both decrease in the first half of the year. Interim dividend decreased by 9.3% YoY.
CK Asset (01113) fell more than 3%. As of this writing, it has fallen 3.01%, to HKD 30.65, with a turnover of 0.311 billion Hong Kong dollars.
Express News | Shares of CK Asset Drop 3.8% After H1 Net Profit Drops 16.7%, Cuts Interim Dividend per Share by 9.3%
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