Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
01113 CK ASSET
RTNominal down32.200 -0.100 (-0.310%)
Research Report

05/11/2019 17:51

{I-bank focus}CLSA downgrades CK Asset (01113) to HK$56.8

[ET Net News Agency, 5 November 2019] CLSA lowered its target price for CK Asset
(CKA)(01113) to HK$56.8 from HK$78 and downgraded its rating to "outperform" from "buy".
The research house said CKA's income is less exposed to Hong Kong's property market due
to its geographic and sector diversification. The proposed acquisition of Greene King
would further diversify and enhance its recurring profit while unbooked presales of
HK$54bn will help sustain its 10% DPS growth.
Given its large non-HK asset exposure, CLSA believes a lower yield spread of 2% (versus
US 10-year Treasury yield 3MA of 1.8%) is justified. (KL)

Remark: Real time quote last updated: 28/03/2024 18:00
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.