CK Hutchison (00001) Interim Results Briefing: Li Tzar Kuoi Emphasizes Caution as a Prudent Strategy, While Lu Falan Points to Underlying Concerns in Demand Across Various Business Segments

At the analyst meeting, group management expressed a cautious outlook for the second half of the year and addressed key issues including capital allocation, dividend distribution, impairment of Panama port operations, and Watsons store strategy.

Zhitong FinanceAug 13 21:23

POWER ASSETS To Go Ex-Dividend On September 9th, 2026 With 0.78 HKD Dividend Per Share

August 13th (Beijing Time) - $POWER ASSETS(00006.HK)$ is trading ex-dividend on September 9th, 2026.Shareholders of record on September 10th, 2026 will receive 0.78 HKD dividend per share on

Futu NewsAug 13 17:05

[HK Stocks] Hang Seng Index fluctuates with a 43-point decline; Lenovo surges 20% to hit record high, while Tencent drops over 4%

On the evening of the 12th, the three major U.S. stock indices performed mixed. With the latest U.S. inflation data coming in moderately, market expectations for a Federal Reserve rate hike next month eased. The Dow Jones Industrial Average edged down 21 points, while the S&P 500 and Nasdaq Composite rose 0.3% and 0.5%, respectively. This morning (13th), the Hang Seng Index opened 152 points lower before turning positive, but retreated to close down 43 points, or 0.17%, at 25,396. Total turnover for the day amounted to HK$263.71 billion. The Hang Seng Tech Index closed up 15 points, or 0.33%, at 4,792, while the Hang Seng China Enterprises Index fell 19 points, or 0.23%, to 8,426. Active leading tech stocks

AASTOCKSAug 13 16:31

[Major Banks] Citi cuts China Power International (00006.HK) target price to HK$66.5 as management guidance cools expectations for special dividends

Citi released a research report stating that Power Assets Holdings (00006.HK) posted strong first-half earnings, boosted by gains from asset disposals. However, the bank lowered its target price after management provided more conservative guidance on special dividend payouts during the results briefing than market expectations. The report noted that Power Assets’ net profit surged 383% year-on-year to HK$14.704 billion in the first half, including approximately HK$11.686 billion in gains from the disposal of assets such as UKPN and UK Rails. Excluding these items and the core earnings contribution from UKPN, core earnings from existing assets rose 24% year-on-year to HK$2.228 billion, primarily driven by

AASTOCKSAug 13 13:30

[Major Banks] Citi cuts target price for CK Infrastructure (01038.HK) to HK$70, citing cooling expectations for special dividends based on management guidance

Citi issued a research report stating that CK Infrastructure Holdings (01038.HK) posted strong first-half earnings, bolstered by gains from asset disposals. However, management’s conservative guidance on special dividend distributions during the results briefing fell short of market expectations, prompting the bank to lower its target price. The report noted that CK Infrastructure’s net profit for the first half surged 389% year-on-year to HK$21.252 billion, which included approximately HK$15.271 billion in gains from the disposal of assets such as UK Power Networks (UKPN) and UK Rails. Excluding these items and the core earnings contribution from UKPN, core earnings from existing assets rose 15% year-on-year to HK$3.291 billion, primarily driven by

AASTOCKSAug 13 13:28

JPMorgan: CK Infrastructure (01038.HK) may see stronger full-year dividend growth; market reaction to results expected to be slightly positive

JPMorgan issued a research report stating that CK Infrastructure Holdings (01038.HK) and Power Assets Holdings (00006.HK) saw a significant rise in first-half earnings, driven by strong core profits and gains from the sale of UK assets. The bank noted that CK Infrastructure’s interim dividend increased to HK$0.02, potentially signaling stronger year-on-year growth in the full-year dividend. JPMorgan expects a mildly positive market reaction to CK Infrastructure’s results, maintaining an "Overweight" rating with a target price of HK$66. Meanwhile, Power Assets’ interim dividend remained flat year-on-year, with management indicating limited room for an increase in the full-year dividend per share. The bank maintains an "Overweight" rating on the company, with a target price of HK$62.

AASTOCKSAug 13 11:03