Added to YB: 2025-01-30
Pitch date: 2025-01-27
1113.HK [bullish]
CK Asset Holdings Limited
-0.31%
current return
Author Info
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Company Info
CK Asset Holdings Limited operates as a property developer in Hong Kong, the Mainland, Singapore, the United Kingdom, continental Europe, Australia, and Canada.
Market Cap
HKD 113.6B
Pitch Price
HKD 32.55
Price Target
N/A
Dividend
6.19%
Sector
Real Estate Management and Development
Category
value
CK ASSET - $1113.HK
CK ASSET (1113.HK): HK property giant diversifying globally. 1/3 rev from HK, UK, China+ROW. Pivoted from China post-2012. 4 segments: infra (7.5-8bn profit), investment properties (3-3.5bn), property dev (4.5bn), pubs (1bn). 6-7x trough earnings, <3x peak. 6% dividend yield. Concerns over Victor Li's capital allocation vs. father's track record. Cheap valuation offsets risks.
Read full article (9 min)