CITIC Securities: Initial target price for cki holdings is 60 Hong Kong dollars, with a rating of "Outperform the market."

CITIC Lyon released a research report stating that it initially set the target price for cki holdings (01038) at HKD 60, with a rating of "outperforming the market." The current market price of the stock corresponds to a forecasted pe of 14.8 times for 2026, which is in line with its peers, while also offering an attractive dividend yield and sustainable equity growth that will provide solid support for the stock price. The report indicated a bullish outlook, highlighting the company as an outstanding global infrastructure investment firm, possessing robust free cash flow and a low debt ratio. The firm believes that due to the increase in regulated returns expected in the second or third quarter of 2025, and an increased appetite for mergers and acquisitions, coupled with fundamentally strong assets that have good returns and strong organic growth, therefore.

Sina Hong Kong StocksDec 10 12:10

Citi Research: Initiates a target price of 60 HKD for cki holdings (01038) with a rating of "Outperform".

CITIC Lyon is bullish on China Jiangsu International, which is a prominent global infrastructure investment company, while also possessing robust free cash flow and a low debt ratio.

Zhitong FinanceDec 10 11:43 · Ratings

Citi has initiated coverage on Changjian (01038.HK) with a "buy" rating and a target price of 60 Hong Kong dollars.

Citi has published a research report, initiating coverage of China Longjian (01038.HK) with an "outperform market" rating. It points out that Longjian, as a globally renowned infrastructure investment company, possesses strong free cash flow and a relatively low debt-to-asset ratio. It is believed that the company can not only provide stable returns for investors but also has an asset base that can generate strong internal growth momentum. It is expected that Longjian's assets in the united kingdom and australia will continue to record structural growth driven by accelerated capital expenditures in the future. Longjian has indicated that there will be an increased willingness to engage in more mergers and acquisitions under the current favorable environment. Citi noted that the company has carried out major trade transactions in the past.

AASTOCKSDec 10 11:36

Fitch confirms that China Water Affairs Group (01038.HK) has an 'A-' rating with a stable outlook.

The rating agency Fitch has confirmed the issuer default rating (IDR) and senior unsecured rating of CK Infrastructure (01038.HK) as 'A-', with a stable outlook, reflecting the company's good operational and financial resilience supported by a prudent strategy and strong execution. Fitch stated that next year, CKI will face regulatory resets from utilities (united kingdom water affairs and Australia-New Zealand electrical utilities), which are expected to bring more challenges to the united kingdom water business. However, overall, the reset is anticipated to be less strict than in the past, and the company is expected to continue generating stable cash flow in the coming years. Fitch mentioned that CKI has made three acquisitions this year, believing that ...

AASTOCKSDec 4 16:03

Market Chatter: CK Infrastructure Keeps Mum on Purchase Bid for Thames Water

MT NewswiresDec 3 15:23

Changjiang Infrastructure: will not comment on whether to acquire united kingdom Thames Water. Any favorable opportunities for company development will be researched.

On November 26th, Gelonhui reported that the Yangtze River Group is interested in acquiring United Kingdom Thames Water. A spokesperson for the Yangtze River Infrastructure stated that they do not comment on the relevant reports, and mentioned that they have always conducted research on opportunities that benefit the company's development and enhance shareholder returns. The spokesperson cited the mid-term performance report of the group, highlighting the group's continued strong financial foundation, holding cash of 9.2 billion Hong Kong dollars as of the end of June, and a healthy net debt ratio of 9.8%, providing financial flexibility for the group to deal with various uncertain market factors and support new acquisition opportunities.

Gelonghui FinanceNov 26 12:49