01113 CK ASSET
- 31.850
- -0.250-0.78%
CK ASSET News
Home Prices Set to Rise in Hong Kong, Singapore, Australia in 2025
The transaction of second-hand houses in Hong Kong is slowing down, and the CSI has once again fallen below the 50-point threshold.
Yang Mingyi, Senior Joint Director of the research department of CRIC, pointed out that the CRIC Broker Index CSI (residential sale price) latest report is 49.36 points, a decrease of 1.79 points from last week's 51.15 points.
Hong Kong stocks fluctuate丨ck asset rose nearly 2% at one point, two and a half years later, li ka-shing and li zac are joining forces to increase their shareholding.
On November 19, Gelonghui reported that ck asset (1113.HK) surged by 1.9% at the start of trading, reaching HKD 32.15, with over 25 million HKD in transactions so far. In terms of news, ckh holdings founder li ka-shing and his eldest son Li Zeju have joined forces to increase their shareholding in ck asset (1113.HK) for the first time in more than two and a half years. According to the stock exchange, the li ka-shing foundation acquired a total of 3.999 million shares of ck asset last week, involving an investment of 0.126 billion HKD. The li ka-shing foundation's stake in ck asset increased from 10.46% to 10.57%, which in turn raised li ka-shing's stake in ck asset from 48.42% to 48.54%, while Li Zeju's stake in ck asset increased from 4.
CK Asset (01113.HK) received a shareholding increase of 1.25 million ordinary shares from Li Ka Shing, valued at approximately 39.1625 million Hong Kong dollars.
On November 18, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on November 18, Li Zeju acquired 1.25 million shares of ordinary shares in ck asset (01113.HK) at an average price of HK$31.33 per share on November 14, valued at approximately HK$39.1625 million. After the shareholding increase, Li Zeju's latest number of shares held is 1.701 billion shares, with the shareholding ratio rising from 48.56% to 48.60%. Supplementary information: Boxes 27 & 32: Certain discretionary trusts (which
Ck Asset (01113.HK) received Li Ka-shing's shareholding of 0.844 million shares of common stock, worth approximately 26.7107 million Hong Kong dollars.
On November 18, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on November 18, Li Zeju increased his shareholding in ck asset (01113.HK) by 844,000 ordinary shares at an average price of HKD 31.6478 per share, valuing approximately HKD 26.7107 million. After the shareholding increase, Li Zeju's latest shareholding count is 1.702 billion shares, with the shareholding ratio increasing from 48.60% to 48.62%. Additional information: Boxes 27 & 32: Certain discretionary trusts (which
ck asset (01113.HK) received a shareholding of 1.158 million ordinary shares from Li Zeju, valued at approximately 36.3769 million Hong Kong dollars.
On November 18, it was reported that according to the documents disclosed by the Hong Kong Stock Exchange on November 18, Li Zeju increased his shareholding in $ck asset (01113.HK)$ by 1.158 million ordinary shares at an average price of HKD 31.4136 per share on November 13, totaling approximately HKD 36.3769 million. After the increase, Li Zeju's latest shareholding number amounts to 1.7 billion shares, with the good warehouse ratio rising from 48.53% to 48.56%. Supplementary information: Boxes 27 & 32: Certain discretionary trusts (which
ck asset (01113.HK) received a shareholding of 0.747 million ordinary shares from Li Zeju, valued at approximately 23.6225 million Hong Kong dollars.
On November 18, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on November 18, Li Zejiu increased his shareholding in ck asset by 747,000 ordinary shares at an average price of HKD 31.6232 per share on November 12, valued at approximately HKD 23.6225 million. After the increase, Li Zejiu's latest shareholding number is 1.699 billion shares, with the good warehouse ratio rising from 48.51% to 48.53%. Supplementary information: Boxes 27 & 32: Certain discretionary trusts (which
Hong Kong stocks: Hang Seng Index rose 51 points in the first half of the day, netease surged by 13%, "Bilibili" dropped by 10%.
Mainland China's major economic indicators rebounded last month (retail sales up 4.8% year-on-year, beating expectations), with the Hong Kong stock market performing well in the morning. The Hang Seng Index opened 67 points higher, fell 103 points in the early stage to 19,332 points before rebounding, rose 172 points to 19,608 points at one point, up 51 points or 0.3% at midday, closing at 19,486 points; The H-share index rose 27 points or 0.4%, closing at 7,001 points; Hang Seng Tech Index rose 38 points or 0.9%, closing at 4,357 points, with a total turnover of 85.151 billion Hong Kong dollars in the morning session. In the financial sector, HSBC Holdings (00005.HK) rose by 0.8%, while Standard Chartered (02888.HK) and Hong Kong
"Harbourfront Residence" in Tuen Mun will start selling 10 units from the 2nd phase on Sunday, starting from a discounted price of 3.069 million yuan.
CK Asset (01113.HK) and New World Development (00016.HK) jointly develop the Tai Hang Fai project in Tuen Mun. The second phase of the project is launching the new sales arrangement of Unit 4, including 8 one-bedroom units and 3 two-bedroom units. Among them, 10 units will be available for sale starting at 2 pm this Sunday (17th) in the form of price list, while the remaining unit, a two-bedroom unit with rooftop, will be available for sale through tender starting next Monday (18th). The entry unit involved in this sale is a one-bedroom unit in Unit H on the 1st floor of Block 5 in the second phase, with a practical area of 266 square feet. After deducting the highest discount, the discounted actual price is 3.069 million yuan, with an actual price per square foot of 11,5.
Sun Hung Kai's luxury residential project "The Morgan" on Borrett Road in Mid-Levels, Hong Kong, sold two units in a single day, with a total transaction amount of 0.292 billion Hong Kong dollars.
CK Asset (01113.HK) sold two units of the mid-level luxury residence "21 Borrett Road" today (13th) through bidding. Both units are four-bedroom suites with storage rooms, with practical areas of 2,154 and 2,193 square feet respectively, totaling a cashed amount of 0.292 billion yuan. Stephanie Tan, the Business Manager of Cheung Kong Property Holdings, stated that the proportion of Mainland wealthy individuals moving to Hong Kong and international investors reinvesting in the local property market is on the rise, which will help drive demand in Hong Kong's luxury housing market. In view of this, the group will continuously sell at competitive prices based on market conditions.
HSBC Research on "Dah Sing": Potential storage cost turning positive may help stabilize the property market, expecting a fifty percent increase in property prices next year.
HSBC Research's research report indicates that investors should focus on companies with profit recovery potential and those that may shift business strategies. With the increase in residential rents, the potential recovery of holding costs will benefit the demand for property ownership, and may also help stabilize the property market in unfavorable economic conditions. The bank predicts that property prices will stabilize in the second half of the year, rise by 5% next year, noting that prices have fallen by 6% from the beginning of the year and have seen moderate increases for five consecutive weeks. The bank is bullish on Sun Hung Kai Properties (00016.HK) and Kerry Properties (00683.HK) among many developers, with target prices of HK$116 and HK$19.6 respectively, both rated as 'buy'.
Express News | Logan Group: Deadline for overseas debt restructuring extended to December 2nd.
Standard & Poor's expects that Hong Kong property prices will stabilize next year, raising the sales volume forecast for new projects to 0.02 million units.
Rating agency Standard & Poor's released a report stating that after a nearly 30% decline in high Hong Kong property prices in 2021, they are expected to stabilize next year. However, local developers are still struggling, mainly due to high inventory, and the recognition of residential projects purchased during the period of high land prices will further pressure profit margins. Nevertheless, Standard & Poor's believes that with the government relaxing housing market measures and interest rates trending downwards, they have revised their forecast for next year's new home sales volume to 0.02 million units. In addition, Standard & Poor's expects that the future three to four years' new supply may exceed 80% of the government's ten-year private residential supply target.
Hong Kong property stocks generally fell, SHK PPT (00016) fell by 2.8%. Morgan Stanley points out that second-hand property prices will still be under pressure in the next six months.
Golden Finance News | Hong Kong property stocks fell across the board, with SHK PPT (00016) down 2.8%, Wharf REIC (01997) down 2.65%, New World Dev (00017) down 2.26%, Hang Lung PPT (00101) down 2.21%, CK Asset (01113) down 1.51%, Henderson Land (00012) down 0.96%. On the news front, JPMorgan released a report stating that following the interest rate cut in the USA, Hong Kong banks once again lowered the Hong Kong dollar prime rate by 25 basis points on November 8th (last Friday). This rate cut earlier than market expectations, but not entirely unexpected.
Express News | Standard & Poor's has raised its forecast for the residential sales volume in Hong Kong in 2025, expecting housing prices to stabilize.
Express News | Hong Kong's second-hand property price index rose by 1.24% on a week-on-week basis.
Hong Kong and the United States both reduced interest rates by 0.25%. Midland Realty: Hong Kong property prices are expected to rebound by 3% to 5% in the fourth quarter.
Chan Wing-kee predicts that Hong Kong property prices in the fourth quarter may stop falling and rise by 3% to 5%.
HKMA: Interest rates may remain at relatively high levels for a period of time.
The Federal Reserve in the USA cut interest rates by 0.25 basis points. The Hong Kong Monetary Authority stated that as expected by the market, the Fed further lowered interest rates, implementing a looser monetary policy. However, the future pace of rate cuts depends on the economic data in the USA, which will be affected by fiscal and economic trade policies, thus there are still many variables. Additionally, since the monetary policy environments of major economies are not necessarily fully synchronized, the risk of global market volatility is worth noting. The Hong Kong Monetary Authority mentioned that the financial and monetary markets in Hong Kong are operating smoothly, with stable market liquidity and a stable exchange rate of the Hong Kong dollar. The Hong Kong dollar's interbank interest rates are generally approaching the US dollar rates under the linked exchange rate system, while shorter-term interbank rates.
Real estate market continues to warm up! Hong Kong's mainland real estate stocks are soaring again, with several real estate companies surging more than 20% in a single day.
1. At the end of October, the real estate market sales accelerated, how does the market view the sustainability? 2. Mainland real estate stocks in Hong Kong soared again, how do institutions view this?
Cheung Kong's Zhao Guoxiong: Next year, overall property prices in The Harbourside (01113.HK) are expected to rise by 5% to 10%.
According to comprehensive media reports, Cheung Kong's (01113.HK) executive director, Zhao Guoxiong, expects that there will be minimal downward pressure on the property market, believing that it will be difficult to see a repeat of the situation where 'bombs are dropped' in terms of pricing. He estimates that prices of medium-sized and small residential properties are expected to rise by 5% next year, while luxury homes may see an increase of 8% to 10%, ranging from high single digits to low double digits. In addition, he revealed that Cheung Kong will launch the second phase of unit bidding for 21 Borrett Road, a super luxury residential project in Mid-Levels, next year, involving a total of 66 units. The project has already obtained a pre-sale consent letter for the property in 2018; as for the first phase of mid-to-high-level units, seventy-eight units have already been sold. Regarding the HKHAK Jade Road
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