Previous Close | 4.2000 |
Open | 4.1500 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's Range | 4.1500 - 4.1500 |
52 Week Range | 4.1010 - 6.1700 |
Volume | |
Avg. Volume | 4,400 |
Market Cap | 14.685B |
Beta (5Y Monthly) | 0.71 |
PE Ratio (TTM) | 6.69 |
EPS (TTM) | 0.6200 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.26 (6.24%) |
Ex-Dividend Date | May 28, 2024 |
1y Target Est | N/A |
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(Bloomberg) -- Chinese equities listed in Hong Kong fell by the most in two months, as a raft of disappointing earnings undermined expectations for a strong market recovery.Most Read from BloombergNY Gears Up to Seize Trump Westchester Assets If Fraud Fine Is UnpaidBaltimore Wants to Sell Hundreds of Vacant Homes for $1 EachYemen’s Houthis Tell China, Russia Their Ships Won’t Be TargetedChina Scrutinizes PwC Role in $78 Billion Evergrande Fraud CaseWhat Happens If Trump Can’t Post His $454 Milli
The Hong Kong government needs to protect the city's international financial hub status after years of upheaval, chairman of conglomerate CK Group Victor Li said on Thursday. Li was speaking after his property company CK Asset, one of Hong Kong's biggest developers, reported a 10% decline in net profit from continuing operations last year. Asked about his views on the city's economy at an earnings conference, Li said - after a sigh - that the people of Hong Kong had gone through several stress tests since 2019, when the city was roiled by anti-government protests, followed by the pandemic and now a struggling economy.
Hong Kong developers have joined a chorus urging the government to remove all the remaining cooling measures to revive the property sector. Stewart Leung Chi-kin, who is the chairman of the Real Estate Developers Association of Hong Kong as well as Wheelock, said on Wednesday that he had met Financial Secretary Paul Chan Mo-po recently and proposed that all cooling measures be removed. "The government has taken note of the market's concerns," Leung said, adding that Chan had not made any promise