CK Asset Holdings

CK Asset’s stock fell 6.4% to HK$45 after adjusted half-year profit of HK$6.64bn came in about 3% below analysts’ expectations and margins in its Hong Kong property business weakened. Contrary to market expectations, management did not pay a one-off special dividend, despite proceeds of HK$8.96bn from the sale of a 20% stake in UK Power Networks and HK$826m from the earlier Eversholt Rail disposal. Instead, only a regular interim dividend of HK$0.41 per share was proposed, intensifying the share-price correction. BofA maintained a buy rating with a HK$54 target, but investors are now reassessing how the released capital will be deployed. » Mere på de.investing.com

CK Asset reports an operating profit of HKD 6.6bn for H1 2026 (+5%) and a profit attributable to shareholders of HKD 8.7bn (+37.8%), driven by disposal gains from UK Power Networks and the Eversholt Rail Group. The interim dividend rises 5.1% to HKD 0.41 per share, and net cash stands at HKD 21.9bn. Recurring income remains stable, but the development project business is under margin pressure, and management is cautious due to risks in China and the UK. The stock rose 3.62% to HKD 48.1 after the results. » Mere på de.investing.com

At the annual general meeting on May 21, 2026, CK Asset approved a dividend of HKD 1.78 for 2025, representing a 2.30% increase in dividend per share. However, the total payout fell by 13.65% to HKD 6.09 billion, and the dividend yield declined to 4.53% (previous year 5.45%). The ex-dividend date is May 22, 2026; FactSet analysts forecast a HKD 1.82 dividend for 2026. CK Asset has a market capitalization of HKD 177.635 billion and a P/E ratio of 12.69. » Mere på finanzen.net