[ET Net News Agency, 15 May 2020] Goldman Sachs lowered its target price for CK Asset
Holdings Ltd (01113) by 3% to HK$63 and maintained its "buy" rating.
The research house views management's latest release regarding the 1Q weak operations
being broadly in line with the overall sector's challenges.
Overall, Goldman thinks CKA has a strong financial position to weather near-term
challenges as HK real estate continues to see deeper reset prices and rents this year.
(KL)