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CK Asset Holdings

CK Asset Holdings was formed in 2015 when tycoon Li Ka-shing's Cheung Kong Holdings spun off its property arm as part of a restructuring that culminated in the privatisation of Cheung Kong. CK Asset Holdings replaced its parent on the Hong Kong stock exchange. In 2018, Li Ka-shing stepped down as chairman and handed leadership to his son Victor Li Tzar-kuoi. The elder Li retains a role as senior adviser.

Chairman / President

LI Tzar Kuoi, Victor

CEO / Managing Director

LI Tzar Kuoi, Victor

CFO / Finance Director

Edmond Ip

Industry

Property

Website

ckah.com

Headquarters address

7th Floor, Cheung Kong Center, 2 Queen's Road Central, Hong Kong

Stock Code

SEHK:1113

Year founded

1950

CK Asset Holdings

WeWork finds new lease of life in Hong Kong as uncertainty drives global demand

Companies pull back from traditional office commitments, driving a surge in flexible space demand as WeWork adds a new site in Causeway Bay.

Sino Land-led consortium to invest US$1.7 billion in Northern Metropolis project

Hong Kong’s Northern Metropolis gains momentum as key project attracts 8 bids

DBS Hong Kong expands footprint with US$334 million The Center purchase

Hong Kong’s biggest office deal this year signals return of confidence to city’s core commercial market.

Li Ka-shing’s CK Life unit eyes China fast track for cancer vaccine pipeline

Sequencio, CK Life’s new Hong Kong unit, is advancing about 20 cancer vaccine projects as China pathway offers faster route to human trials.

Office vacancy rate in Hong Kong’s Central drops to single digits after 2 years

Wan Chai-Causeway Bay area also improves, reducing citywide vacancy rate even though most areas remain under pressure, JLL says.

Hong Kong’s CK Hutchison reports 7% gain in underlying profit

Diversified business mitigates impact of adverse developments including ‘legal conflict’ over Panama ports, chairman says.

Hong Kong businessman expected to take loss on Peak sites he bought for US$255m

Tender for three Peak Road lots follows sale by Chan King-wai’s family of another Peak property last year at estimated 56 per cent loss.

Hong Kong’s small landlords turn to co-working, student hostels to survive

With record office supply and tenants flocking to premium towers, landlords convert assets to co-working and student digs to survive.

Hong Kong stocks cap worst month since October on AI disruption angst

Concerns over AI’s disruptive impact on traditional industries continue to unsettle investors.

CK group to sell 100% stake in UK electricity operator for US$14.2 billion

Shares of group’s Hong Kong-listed entities rally on plan to sell UK Power Networks to French utility Engie.

Li Ka-shing tops Hong Kong’s billionaire list with US$45.1 billion: Forbes

The collective net worth of tycoons on Hong Kong’s 50 Richest list rose 22 per cent to US$366 billion.

Hong Kong land fetches US$230 million as Chinese developer outbids city rivals

China Overseas Land & Investment beats eight rivals to secure a 50-year lease for a 33,712 sq ft housing plot in Ngau Tau Kok.

Kowloon East site attracts nine bids as Hong Kong housing outlook brightens

Hong Kong developers show stronger interest in land sales as home prices rebound and sentiment improves.

Wild boar carcass found near Li Ka-shing’s home in Hong Kong sparks brief scare

Video circulating online shows police and fire vehicles outside residence after security guard notifies authorities of strong odor.

Hong Kong’s latest office landmark nearly full as segment upturn simmers

The Henderson has reached 90 per cent occupancy, as ‘the rental downcycle is nearing its end’, analyst says.

Hong Kong authorities halt use of elevating platform at site after worker death

Labour Department suspends use of such platforms at Victoria Blossom housing project in Kai Tak after worker got trapped between device and wall.

Li Ka-shing’s CK Infrastructure gets nod to sell UK train leasing firm

Deal to dispose of UK Rails (Eversholt Rail), which was bought in 2015, ‘will generate substantial revenue’, company says.

Hong Kong stocks advance as traders position for additional growth measures

Investors anticipate further easing on monetary, fiscal and property fronts after Beijing vowed to strengthen domestic market.

Hong Kong developers push for smoking ban at construction sites after deadly fire

Two developers already stepping up measures, with viral video showing workers being told: ‘If anyone is caught smoking, they will have to leave’.

Chinachem secures plot in Hong Kong’s Tsuen Wan for US$318 million

Private developer outbids eight others for the site, which is expected to yield 780 flats.

Hong Kong’s top developers vie for rare Tsuen Wan site in test of land market

Nine bidders have lodged offers for the city’s only residential site this quarter.

Li Ka-shing’s CK Asset, SHKP among six bidders for MTR’s Tuen Mun site

The site, with a residential gross floor area of more than 600,000 sq ft, is expected to generate some 1,280 flats and car park spaces.

Man arrested in Hong Kong over splashing red paint in CK Asset’s office lobby

Source says suspect demanded to speak to former company chairman Li Ka-shing before splashing paint in Cheung Kong Center’s lobby.

Hong Kong’s URA eyes engaging developers early to reduce risk of failed tenders

Lawmaker suggests URA and developers could be allowed to enter market together when acquiring land lots.

Hong Kong stocks fall as AI bubble fears grow amid Wall Street retreat

Blue chips Baidu, Meituan and Alibaba lead Hang Seng Index lower.

Hong Kong homebuyers snap up the city’s first sale after rate cuts

New World Development and CK Asset Holdings sold 120 apartments, or 66 per cent of the 190 flats on offer at two locations in Hong Kong.

NWD, CK Asset launch home sales, hoping year’s first rate cut revives sentiment

New World is selling all 120 units at House Muse in Kowloon City, and CK Asset is selling the last 70 units at Blue Coast II in Wong Chuk Hang.