Cheung Kong traded at 64.95 this Friday February 6th. Looking back, over the last four weeks, Cheung Kong lost 10.55 percent. Over the last 12 months, its price rose by 25.39 percent. Looking ahead, we forecast Cheung Kong to be priced at 61.64 by the end of this quarter and at 54.41 in one year, according to Trading Economics global macro models projections and analysts expectations.
CK Infrastructure Holdings Limited, formerly Cheung Kong Infrastructure Holdings Limited, is a company mainly engaged in the development, investment and operation of infrastructure businesses. Its operations include electricity generation, transmission and distribution, gas distribution, transportation, water treatment and distribution, waste management and waste-to-energy, as well as infrastructure materials. Its transportation business includes the operation of airport car parks, as well as toll roads and bridges. Its infrastructure materials business includes the production and sale of cement, concrete and aggregates. In addition, the Company is also involved in oil pipelines and storage business. The Company’s portfolio now spans Hong Kong, Mainland China, the United Kingdom, the Netherlands, Portugal, Australia, New Zealand and Canada.