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. » Plus sur 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. » Plus sur 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. » Plus sur finanzen.net

CK Asset reports 19.9% revenue growth in 2025 to HK$85.85bn, while profit attributable to shareholders fell 20.3% to HK$10.85bn. The cause is a net impairment deficit on properties held as financial investments of HK$1.11bn versus a revaluation gain of HK$1.97bn in the prior year — a valuation swing of around HK$3.1bn. The dividend rises 2.3% to HK$1.78 per share, and the balance sheet remains conservative with low net debt and A-range ratings. Planned and completed infrastructure disposals, including the sale of the UK Power Networks stake with expected large gains, are intended to provide proceeds for reinvestment. » Plus sur de.investing.com