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Insufficient Growth At CK Asset Holdings Limited (HKG:1113) Hampers Share Price
When close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") above 10x, you may consider CK Asset Holdings Limited (HKG:1113) as an attractive investment with its 6.1x P/
Market Chatter: Hong Kong Real Estate Developers Continue Sweetening Price Offerings to Drive Sales
Real estate developers in Hong Kong choose to continue sweetening their pricing to clear their excess inventory as interest rate reductions and a robust economic recovery continue to dampen demand, the South China Morning Post reported, citing analysts.
Jefferies Sees Lower-Than-Consensus Earnings for CK Asset Holdings
Jefferies said it expects H1 and fiscal year 2024 earnings for CK Asset Holdings (HKG:1113) to reach HK$6.30 billion and HK$11.9 billion, respectively, 13% and 21% below consensus, due to lower
CK Asset Holdings to Forfeit Unclaimed Dividends
CK Asset (01113): Confiscation of Undistributed Dividends
CK Asset (01113) issued an announcement stating that dividends not yet claimed by August 15, 2024 (Thursday) will...
HK stock moves | CK Asset (01113) fell by more than 3%, Li Ka-shing's mainland assets were involved in the storm.
CK Asset (01113) fell more than 3%, and as of press time, it has fallen 3.31% to HKD 30.60 with a turnover of HKD 95.5053 million. According to JD.com auction news, recently, the 40% equity of Shanghai Changrunjianghe Real Estate Development Co., Ltd. (hereinafter referred to as 'Changrunjianghe') was auctioned for the first time on July 9th, with a starting price of about CNY 5.349 billion and only 2 people signed up for the auction. As no one bid for it, it was ultimately unsuccessful. Public information shows that Changrunjianghe was established in October 2007 and is a joint development project between CK Asset and Herun Group in the Putuo Zhenru urban center project in Shanghai.
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