Cheung Kong traded at 45.00 this Friday August 14th, decreasing 3.10 or 6.44 percent since the previous trading session. Looking back, over the last four weeks, Cheung Kong lost 4.54 percent. Over the last 12 months, its price rose by 20.51 percent. Looking ahead, we forecast Cheung Kong to be priced at 43.56 by the end of this quarter and at 39.53 in one year, according to Trading Economics global macro models projections and analysts expectations.
CK Asset Holdings Limited, formerly Cheung Kong Property Holdings Limited is an investment holding company mainly engaged in the property businesses. The Company is involved in the property development, property Investment, hotel and serviced suite operation, property and project management. In addition, the Company is engaged in aircraft leasing. The Company operates its business in Hong Kong, The Mainland, and Singapore.