BI-CKA @EC2611A

CLP's Half-Hill Luxury Project 21 BORRETT ROAD Phase II Named Ying Tian, Tender for 16 Units Next Wednesday

UBS Maintains Buy Rating on CK Hutchison, Cites Profit Pressure as Shares Drop 2.8%

CLP Holds AGM: UKPN Sale Approved, Financial Health Confirmed with No Asset Sales Pressure

CLP Holdings Announces Launch of Four New Projects Including Victoria Garden

CK Asset plans to launch new projects including Flora Bay, cites stable market development

Cheung Kong Harbourtlive Hot Sales at Kwun Tong Station

Cheung Kong Holdings expects Hong Kong real estate market to enter a healthy upward cycle

Longi and MTR's Blue Coast Sells High-Price Unit, Sets New Record

Cheung Kong Holdings and MTR Development Project Adjusts Sales Quotation

JPMorgan Raises Rating on Cheung Kong (Holdings) and Downgrades Hang Lung Properties and K11 Properties

Cheung Kong Property and MTR's Kwun Tong South Phase 3B Sells 3 Four-Bedroom Units for Over HKD 110 Million

Morgan Stanley Raises EPS Forecast and Maintains Overweight Rating for Cheung Kong Holdings

Cheung Kong Property Sales Revenue Dips Due to Discounts and Promotions

CLSA Raises Cheung Kong Target Price and Rating to Outperform

HSBC Global Research: Cheung Kong 2025 Fiscal Year Profit Meets Expectations, Dividends Rebound

Goldman Sachs 下调长江实业 2025 年每股盈测

Morningstar Raises Cheung Kong (Holdings) Fair Value Forecast

UBS Raises Target Price and Rating for Cheung Kong Holdings

Citibank Raises Cheung Kong Target Price and Maintains Buy Rating

CK ASSET released FY2025 Q3 earnings on March 19, 2026 (BJT) with actual revenue of HKD 16.27 B and EPS of HKD 0.6493

SYNERTONE

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TAILAM TECHCON

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BIOSTAR PHARM-B

WING FUNG GROUP

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MEDINET GROUP

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Citi argues that concerns over HK government cooling measures are premature, as current price levels remain below historical thresholds for intervention. The bank favors a 'slow bull' market for sustainable recovery and recommends buying SHK PPT, CK Asset, Swire Properties, and Link REIT, citing strong fundamentals and attractive valuations despite near-term volatility.

AASTOCKS News

CK ASSET

LINK REIT

SHK PPT

SWIREPROPERTIES

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

SHK PPT-R

Citi: Concerns Over HK Govt Cooling Measures Premature; "Slow Bull" More Constructive; Recommends SHK PPT , CK ASSET , SWIREPROPERTIES  and LINK REIT

JPMorgan reports that China's new outbound investment rules have limited impact on Hong Kong's residential market, as controls focus on corporate ODI rather than individual property purchases. The bank advises buying dips in developer stocks like CK Asset and SHK PPT, citing resilience against potential drops in mainland buyer demand.

JPMorgan Chase

Defiance Daily Target 2X Long JPM ETF

Futu

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HongkongLand USD

HANG LUNG PPT

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

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JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

JPM: Mainland's New Outbound Investment Rules Have Limited Impact on HK Home Market, Urges Buying on Dips CK ASSET , SHK PPT , etc.

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CK Group and the Li Ka Shing Foundation will double-match public donations for The Community Chest on Saturday, June 6. For every HKD1 pledged via the hotline during TVB's fundraising program, they will contribute an additional HKD2. This marks their sixth collaboration under this model, supporting funds like the Rainbow Fund.

CK Hutchison Holdings

CKH HOLDINGS

Community Chest Annual Fundraising This Sat: For Every HKD1 Donated by Public, CK Group and Li Ka Shing Foundation to Double Match with HKD2

Citi upgraded its outlook on Hong Kong's non-essential consumer retail sector, citing stabilizing market rents. The bank identified SHK PPT, CK Asset, Swire Properties, and Link REIT as top picks in local property stocks. This recommendation is supported by solid April retail sales growth of 8.6% YoY, stable supermarket performance, and strong online retail momentum. Citi also noted that Link REIT was upgraded to Buy due to rent stabilization and a new capital management strategy.

WHARF REIC

Citi: Top Picks in Local Property Stocks SHK PPT , CK ASSET , SWIREPROPERTIES  and LINK REIT

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The Hang Seng Index opened down 2 points, while the HSTECH rose. Major tech stocks were mixed: Tencent and Meituan gained ahead of results, while Alibaba edged up. CSPC Pharma rose on a $1.2B payment from AstraZeneca. Conversely, CK Asset and JD Health fell. Notably, Minimax-W surged over 5% after launching an A-share IPO plan, and Akeso jumped 9.2% following clinical research releases.

- US stocks achieved record highs for three consecutive sessions, with the DJIA surpassing 51,000 points, driven by the AI boom and hopes for a US-Iran ceasefire.  
- Asia-Pacific markets showed gains, while Hong Kong stocks opened mixed, with TENCENT and MEITUAN-W rising, while CK ASSET and JD HEALTH declined.  
- Notable individual stock movements included MINIMAX-W and AKESO, both of which saw significant increases related to IPO plans and clinical research results.

Hang Seng Index

Hang Seng TECH Index

AstraZeneca

CSPC PHARMA

MEITUAN

Tencent Holdings Limited

MINIMAX-W

JD HEALTH

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Hwabao CSI HK Equities Internet ETF

ChinaAMC Hang Seng Biotechnology Technology ETF(QDII)

Huaan Hang Seng Biotech ETF

Huatai-PB Hang Seng Innovative Drugs Industry ETF(QDII)

Hwabao WP Hang Seng SCHK Innovative Drug Select ETF

BABA 2x Long Daily ETF - GraniteShares

Fullgoal Hang Seng SCHK Innovative Drug & Healthcare ETF

iShares MSCI China

FI CSOP HSI

E Fund CSI HK Connect Internet ETF

China Southern Hang Seng Biotech ETF(QDII)

China Universal CNI HK Connect Innovative Drugs Industry ETF

KraneShares 2x Long BABA Daily ETF

AXA SPDB CSI Hugangshen Game and Culture Media ETF

GF CSI HK Innovative Drugs Industry ETF(QDII)

Invesco Golden Dragon China

FI2 CSOP HSI

Bosera Hang Seng Health Care ETF(QDII)

Bosera Hang Seng SCHK Innovative Drug Select ETF

E Fund Hang Seng SCHK Innovative Drug ETF

Krne Csi China Internet

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Emerging Markets Internet ETF

CSOP HS TECH

Penghua CSI HK Connect Health Care Composite ETF

Direxion FTSE China Bull 3X

Dow Jones Industrial Average

Hang Seng China Enterprises Index

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BABA-W

Alibaba

AstraZeneca PLC

SUNNY OPTICAL

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Meituan

Meituan HK SDR 5to1

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Tencent HK SDR 10to1

BABA-WR

Alibaba HK SDR 5to1

JD HEALTH-R

HSI Opens Down 2 pts; MINIMAX-W  Jumps Over 5%; MEITUAN-W Up Over 2% Ahead of Results

UBS reports that CK ASSET maintains a cautious outlook on the Hong Kong residential market, citing resilient demand but limited momentum. The company anticipates pressure on development margins and plans to discuss a special dividend following the UK Power Networks sale. UBS rates CK ASSET as a Buy with a target price of HKD62, reflecting a 40% discount to net asset value. CK ASSET shares fell 2.8% to HKD46.92.

UBS Group AG

UBS: CK ASSET  Maintains Prudent View on HK Residential Market; Special Dividend May Be Decided at Interim Results

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Justin Chiu, executive director of CK ASSET, announced at the AGM that the local property market is more active, with both commercial and residential sectors entering a stable development phase. The company plans to launch four new projects: Victoria Blossom, 21 Borrett Road Phase 2, a project at Kam Tai Road in Yuen Long, and the Kai Ming Street project in To Kwa Wan.

China Southern CSI All Share Real Estate ETF

Yinhua CSI Interior Real Estate Theme ETF

Justin Chiu: Residential Mkt Enters Stable Development Phase; CKA Plans to Launch 4 New Projects

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Citi's recent survey of 804 Hong Kong residents reveals that 65% are more optimistic about home prices compared to six months ago. Looking ahead, 42% expect prices to rise, while 42% anticipate stability. The survey indicates a strong interest in home purchases, with 69% planning to buy within a year. SHK PPT, CK ASSET, and SWIREPROPERTIES are favored developers. Additionally, a shift in consumption patterns is noted, with increased online shopping and reduced spending in physical stores. Citi suggests that improved home price confidence may benefit property stocks, particularly their top picks.

ChinaAMC CSI All Share Real Estate ETF

Hwabao WP CSI 800 Real Estate ETF

HENDERSON LAND

Citi Survey: 65% of Respondents More Optimistic on Home Price Outlook; Favor SHK PPT , CK ASSET , SWIREPROPERTIES

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CK ASSETheld an extraordinary general meeting to vote on the disposal of a 20% stake in UK Power Networks (UKPN). Following the transaction, shareholders may discuss a special dividend. Executive Committee Member Chiu Yue Seng emphasized the importance of cash in the current volatile environment, stating that proceeds will be used for various investments, including project acquisitions or buybacks, to strengthen the Company's financial position and provide beneficial options for shareholders.

Bosera CSI All Share Electric Utilities ETF

GF CSI All Share Power Public Service ETF

Penghua SSE STAR New Energy ETF

CK ASSET: Proceeds from UKPN Disposal to Be Deployed for Various Investments; More Options Preferable

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A consortium led by Sino Land and Great Eagle Holdings has won the tender for the Kam Sheung Road Station Phase Two development, investing over HK$13 billion (US$1.7 billion). This project is significant for Hong Kong's Northern Metropolis, aiming to enhance the region's economic base and integrate with the Greater Bay Area. The development will feature residential and retail components, with a gross floor area of approximately 767,882 sq ft for residential and 438,633 sq ft for commercial use. The consortium outbid seven competitors, including major developers like CK Asset Holdings and Sun Hung Kai Properties.

SCMP

TST PROPERTIES

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Sino Land-led consortium clinches Kam Sheung Road Phase Two with US$1.7 billion

BI-CKA @EC2611A(29162.HK)

Citi: Concerns Over HK Govt Cooling Measures Premature; "Slow Bull" More Constructive; Recommends SHK PPT , CK ASSET , SWIREPROPERTIES and LINK REIT

JPM: Mainland's New Outbound Investment Rules Have Limited Impact on HK Home Market, Urges Buying on Dips CK ASSET , SHK PPT , etc.

Community Chest Annual Fundraising This Sat: For Every HKD1 Donated by Public, CK Group and Li Ka Shing Foundation to Double Match with HKD2

Citi: Top Picks in Local Property Stocks SHK PPT , CK ASSET , SWIREPROPERTIES and LINK REIT

HSI Opens Down 2 pts; MINIMAX-W Jumps Over 5%; MEITUAN-W Up Over 2% Ahead of Results

UBS: CK ASSET Maintains Prudent View on HK Residential Market; Special Dividend May Be Decided at Interim Results

Justin Chiu: Residential Mkt Enters Stable Development Phase; CKA Plans to Launch 4 New Projects

Citi Survey: 65% of Respondents More Optimistic on Home Price Outlook; Favor SHK PPT , CK ASSET , SWIREPROPERTIES

CK ASSET: Proceeds from UKPN Disposal to Be Deployed for Various Investments; More Options Preferable

Sino Land-led consortium clinches Kam Sheung Road Phase Two with US$1.7 billion