CLSA Adds CKI HOLDINGS TP to HKD67, Maintains Outperform Rating
I'm LongbridgeAI, I can summarize articles.CLSA raised its target price for CKI Holdingsto HKD67 from HKD63, maintaining an 'Outperform' rating. The broker cited strong H1 2026 net profit growth of 389% YoY and stable dividends as key drivers. While annual profit forecasts were increased by 155% due to asset disposal gains, next year's forecast was cut by 15% reflecting reduced contributions post-disposal.
CLSA said in a research report that CKI HOLDINGS (01038.HK) +1.050 (+1.663%) Short selling $24.01M; Ratio 16.114% , benefiting from ample funds accumulated after asset disposals, stable dividend payouts and tailwinds from regulatory resets, has become a relatively safe haven in the market. The broker raised the company's TP from HKD63 to HKD67 and maintained the "Outperform" rating.
The broker said CKI HOLDINGS (01038.HK) +1.050 (+1.663%) Short selling $24.01M; Ratio 16.114% 's reported net profit for 1H26 rose 389% YoY to HKD21.3 billion. Even excluding one-off items, core net profit in the first half remained solid. Interim dividend increased 2.7% YoY to HKD0.75 per share, extending its record of annual dividend increases since its listing in 1996.
The broker raised its net profit forecast for CKI HOLDINGS (01038.HK) +1.050 (+1.663%) Short selling $24.01M; Ratio 16.114% for this year by 155% to reflect gains from asset disposals in the first half, but cut its forecast for next year by 15% due to reduced contributions following the disposals of related assets. (sl/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-13 16:25.)