HS-CKH @EC2611A

Morgan Stanley Raises Cheung Kong (ADR) Price Target to HKD 78

Morgan Stanley Maintains Overweight Rating and Raises Target Price for CK Hutchison to HKD 78

Citibank Raises Cheung Kong's Target Price to HKD 81.50

Watsons Helps Inland Enterprises Expand to Overseas Markets

CK Hutchison Sells Stake in UK Telecom Business for HKD45.494B

CK Infrastructure Shareholders Vote on Disposing UK Power Network

CSG Negotiates Joining Consortium to Acquire Hutchison Ports

CMIG Joins CHEHK in Complex Port Sale Negotiations

Jardine Matheson 拟收购百佳并与惠康合并

Morgan Stanley Upgrades Hutchison to Overweight with HKD 61 Target Price

Citibank Analyzes Jardine's Potential Acquisition of Hutchison's Supermarket Business

J.P. Morgan Believes Jardine Has Little Incentive to Acquire ParknShop

Jardine Matheson in Talks to Acquire ParknShop to Merge with Wellcome

Jardine Matheson and CK Hutchison Holdings Discuss Hong Kong Supermarket Giant Deal

CK Hutchison Enhances Financial Standing Amid Geopolitical Challenges

CK Hutchison Holding to hold Extraordinary General Meeting to Approve Disposal Transaction

CK Holding to Hold Extraordinary General Meeting to Vote on Disposal of Subsidiary Shares and Shareholder Debt Instruments Proposal

UBS Raises Target Price and Rating of Cheung Kong

Ocean Network Express Acquires 30% Stake in HuayuanchuangBang Port

BlackRock Reduced Its Holdings in Hutchison Whampoa

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WANDA HOTEL DEV

CENTRALCHINA MT

HAIZHI TECH GP

HENGDELI

TOMO HOLDINGS

CH NETCOMTECH

ASIA PIONEER

HAITIAN ANTENNA

HP LIVING TECH

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Yesterday's closing price for CKI Holdings rose slightly by 0.30%, with a trading volume of approximately HKD 120 million. The intraday fluctuations were extremely limited, showing a typical narrow consolidation pattern. The MACD daily level has weakly established a bullish signal, and the short-term moving averages are flattening, indicating a temporary balance between bullish and bearish forces in the market, which is usually interpreted as a consolidation phase before a trend change. The trading volume is low, indicating that market participants are mainly in a wait-and-see mode, awaiting a catalyst for directional choice. 

On the news front, CKI Holdings, as the infrastructure flagship under Li Ka-shing, covers global infrastructure assets in power, transportation, and water services. Notably, its affiliate CK Hutchison saw a significant increase of 4.14% to HKD 73 yesterday, with the market speculating that the CK Hutchison group may be driven by expectations of asset revaluation or strategic adjustments. Although the surge in global long-term bond yields puts some pressure on high-yield stocks, CKI Holdings' infrastructure assets are mostly under regulated return models, providing strong revenue certainty, and their defensive value during economic downturns is still recognized by institutions. 

From a technical perspective, the current stock price is trading narrowly between the 5-day and 10-day moving averages, with both upward and downward spaces constrained. If this low-volume consolidation pattern continues for two to three trading days before a breakout occurs, it will have stronger directional significance. The strong performance of CK Hutchison may create a certain valuation-driven effect, so attention should be paid to whether there is a correlated upward movement today. The short-term trend is referenced as neutral to slightly bullish, with the technical aspect still in a consolidation phase without a clear breakout. If the trading volume remains sluggish or the sector collectively weakens, the consolidation pattern may evolve into a downward breakout, which requires close attention. This article only provides technical analysis and market information for reference and does not constitute any investment advice

Technical Forecast

CKI HOLDINGS

CKH HOLDINGS

CK Hutchison Holdings

Pre-market trend | CKI HOLDINGS (1038.HK) narrow consolidation on May 7, preparing for direction in the defensive camp?

CKHUY

CK Hutchison, led by billionaire Li Ka-shing, is selling its stake in VodafoneThree to Vodafone Group for $5.8 billion. This deal, which comes sooner than expected, will enhance Vodafone's digital infrastructure in the UK. CK Hutchison's shares rose over 4%, while Vodafone's stock increased by 2%. The transaction will increase Vodafone's net debt ratio but is viewed positively by analysts. The deal is pending UK regulatory approval and is expected to finalize in the second half of 2026.

vnexpress

Vodafone Group Plc

Vodafone 

Telefonica

Telefonica Brasil - ADR WI

Liberty Global 

Barclays

HUTCHTEL HK

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Liberty Global - B

Liberty Global -C

Hong Kong's richest billionaire Li Ka-shing's CK Hutchison exits Vodafone joint venture for $5.8B

Citi's research report highlights CKH HOLDINGS' sale of its 49% stake in UK telecom joint venture VodafoneThree to Vodafone for GBP4.3 billion (approx. HKD45.5 billion). The transaction is deemed value-accretive, with an expected post-tax gain of HKD4.7 billion. Citi raised its target price for CKH HOLDINGS from HKD78 to HKD81.5, maintaining a Buy rating, as the sale price exceeds its valuation of VodafoneThree by 9% and is 13% higher than CKH HOLDINGS' net investment as of end-2025.

AASTOCKS News

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Citi: CKH HOLDINGS  Sale of UK Telecom JV Stake Is Value-Accretive, Raises TP to HKD81.5

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At close, HSI rose 315 pts (1.2%) to 26,213, while HSTI increased by 39 pts (0.8%) to 4,969. Market turnover reached $304.74 billion. Notable gainers included XINYI GLASS (+9.8%), CHINA RES LAND (+6.7%), and CK ASSET (+3.3%), all hitting new highs. Conversely, QINGSONG HEALTH fell sharply by 31.3%. Overall, the market showed positive momentum with several stocks reaching new highs despite some declines in others.

Hang Seng Index

XINYI GLASS

CHINA RES LAND

HSI Up 315 pts; HSTI Up 39 pts; XINYI GLASS Up over 9%; CHINA RES LAND, CK ASSET, CITIC, CKH HOLDINGS, HUA HONG SEMI Hit New Highs; Market Turnover Rises

CLSA reports that CKH HOLDINGS' sale of its 49% stake in UK telecom VodafoneThree for GBP4.3 billion may increase its profit by HKD1.8-2.3 billion, boosting its 2026E earnings by 8-10%. The company anticipates a net gain of HKD4.7 billion from the sale, which could also lead to special dividends. CKH HOLDINGS' shares are currently trading at a 37% discount to its 2026E NAV, with a target price set at HKD61 and an Outperform rating maintained.

SPDR S&P Telecom

iShares US Telecommunications

CLSA: CKH HOLDINGS' Sale of UK Telecom Biz May Lift Profit by Up to HKD2.3B, Special Div Possible

CKH HOLDINGSannounced the sale of its 49% stake in VodafoneThree for GBP4.3 billion. UBS reported that this transaction is expected to improve CKH's net gearing from 16.5% to 9.9% by December 2025. The disposal may enhance dividends, with an estimated NAV increase and potential dividend uplift of HKD1.74 per share. UBS has assigned a Buy rating on CKH HOLDINGS with a target price of HKD67.

UBS Group AG

UBS: CKH's Sale of VodafoneThree Stake Expected to Entail NAV Accretion and Potential DPS Upside

HSBA

HSBH

The HSI closed down 197 points at 25,898, influenced by US-Iran tensions. HSBC Holdings fell 5.2% post-results due to higher provisions, while CKH Holdings rose 4.1% after selling its Vodafone stake. Overall, the market turnover was HKD122.235 billion, with mixed performances among major stocks. The HSCEI and HSTECH also declined, reflecting broader market weakness amid geopolitical concerns.

HSBC Holdings Plc

HSBC Holdings plc ADRhedged

HSI Closes Down 197 pts; HSBC HOLDINGS  Under Pressure Post-Results; CKH HOLDINGS Up Over 4%

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HUAQIN(03296) rose 7.76%, with a trading turnover 263.6 Million HKD, and a year-to-date rose 26.9%. CKH HOLDINGS(00001) rose 4.13%, with a trading turnover 1.0 Billion HKD, and a year-to-date rose 28.4%. SERES(09927) fell 6.97%, with a trading turnover 93.0 Million HKD, and a year-to-date fell 34.5%. OMNIVISION(00501) fell 5.48%, with a trading turnover 31.6 Million HKD, and a year-to-date fell 19.4%.

- The Hang Seng Index decreased by 0.76%, with an annual increase of 1%.  
- The Hang Seng Technology Index dropped 0.94%, reflecting a yearly decline of 10.6%.  
- Notable movers include Huajin Technology rising 7.76% and CK Hutchison increasing by 4.13%, while Seres and OmniVision saw declines of 6.97% and 5.48%, respectively.

Top Gainers&Losers

HUAQIN

CATL

BEKE-W

CHALCO

SERES

OMNIVISION

HSBC HOLDINGS

HORIZONROBOT-W

CTG DUTY-FREE

Top 5 HK Stock Gainers/Losers (>100B) (5.5)

Morgan Stanley released a report stating that CKH HOLDINGS is in talks with Jardine Matheson to sell its Hong Kong supermarket business "ParknShop," believing that this move will help with capital recycling and is positive news. If merged, it will account for 80% of the Hong Kong supermarket market. The report indicates that CKH HOLDINGS' revenue from retail operations in Hong Kong is expected to improve to HKD 22.5 billion by 2025, with EBIT of HKD 1.67 billion. Morgan Stanley has given CKH HOLDINGS an "Overweight" rating, with a target price of HKD 61

AASTOCKS

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Morgan Stanley: CKH HOLDINGS' capital cycle reconstruction is positive

$CKH HOLDINGS(00001.HK) Bloomberg cited sources reporting that Chinese shipping companies are in talks to join a consortium seeking to acquire CK Hutchison's (0001) port assets. This move aims to alleviate Beijing's concerns about this controversial deal.The report cited sources stating that China COSCO Shipping Corporation $COSCO SHIP HOLD(01919.HK) and several other companies are in discussions with a consortium led by Terminal Investment Ltd. regarding the potential stake held by Chinese investors. The consortium also includes U.S. company BlackRock and its subsidiary Global Infrastructure Partners.

Cosco Ship Hold

COSCO SHIP HOLD

$CKH HOLDINGS(00001.HK) CK Hutchison sells ports｜Bloomberg: Mainland China requests state-owned enterprises to suspend new cooperation projects with CK Hutchison.Informed sources stated that senior Chinese officials last week requested state-owned enterprises to suspend initiating new project collaborations with Li Ka-shing-related companies, including intended and under-review projects of various types. The sources also mentioned that ongoing cooperative projects are not affected by this request. Additionally, the sources revealed that China is currently conducting research and review of all existing and proposed investments related to the Li family's enterprises both domestically and internationally to better understand their commercial dealings.

$CKH HOLDINGS(00001.HK) why did it suddenly surge?Found the reason:CK Hutchison is said to proceed with Panama ports deal despite China ire - Bloomberg News

News

$CKH HOLDINGS(00001.HK) Comparison of CK Hutchison Holdings' performance in 2023 and 2024: The chairman's report significantly reduced the text coverage of port retail and infrastructure businesses compared to 2023, and there was no mention of the Panama Canal terminal transaction. Additionally, CK Asset Holdings canceled the press conference and analyst meeting, clearly reducing voluntary disclosure risks.$CK ASSET(01113.HK)Moreover, the performance report didn't mention it, and even the outlook was so short. Does this mean they don't even dare to think too far ahead???

CK ASSET

ING Groep

Hong Kong's richest man Li Ka-shing sells Panama ports, unrelated to politics? Yeah right, I don't buy it!After taking office, US President Trump accused China of gaining control of the Panama Canal and vowed to reclaim it.$CKH HOLDINGS(00001.HK) announced last night plans to sell 80% stake in Hutchison Ports at a sky-high price, including 90% stake in Panama ports, expected to cash out HKD 148.2 billion.So the company says: the deal is purely commercial, unrelated to recent political news about Panama ports. Do you believe it????

HS-CKH @EC2611A(28971.HK)

Pre-market trend | CKI HOLDINGS (1038.HK) narrow consolidation on May 7, preparing for direction in the defensive camp?

Hong Kong's richest billionaire Li Ka-shing's CK Hutchison exits Vodafone joint venture for $5.8B

Citi: CKH HOLDINGS Sale of UK Telecom JV Stake Is Value-Accretive, Raises TP to HKD81.5

HSI Up 315 pts; HSTI Up 39 pts; XINYI GLASS Up over 9%; CHINA RES LAND, CK ASSET, CITIC, CKH HOLDINGS, HUA HONG SEMI Hit New Highs; Market Turnover Rises

CLSA: CKH HOLDINGS' Sale of UK Telecom Biz May Lift Profit by Up to HKD2.3B, Special Div Possible