CK Asset (former Cheung Kong Property) 1113

Re: CK Asset (former Cheung Kong Property) 1113

Postby winston » Mon Apr 30, 2018 8:20 am

not vested

Tycoon Li Ka-shing leads Hong Kong directors’ buying of own-company shares for a second week

The city’s richest man buys another US$30 million of shares in his conglomerate’s property arm, CK Asset Holdings

Li, chairman of CK Hutchison Holdings and CK Asset Holdings and Hong Kong’s richest man, bought 3.48 million shares in CK Asset Holdings worth HK$234 million (US$29.8 million), bringing his total purchases in the firm this month to 14.64 million shares worth HK$975 million.

The total purchases, which were made from April 10 to 25 at an average of HK$66.57 each, boosted his stake to 1.176 billion shares or 31.82 per cent of the issued capital. The stock closed at HK$67 on Friday.


Source: SCMP
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 101117
Joined: Wed May 07, 2008 9:28 am

Re: CK Asset (former Cheung Kong Property) 1113

Postby winston » Sun Jun 24, 2018 8:44 pm

not vested

CK Asset Holdings chairman Victor Li Tzar-kuoi picked up where he left off in April with 8.9 million shares bought from June 14 to 19 at an average of HK$65.52 each.

The trades, which accounted for 39 per cent of the stock’s trading volume, increased his holdings to 1.056 billion shares or 28.57 per cent of the issued capital.

The purchases were made after the stock fell by as much as 7 per cent from HK$69.50 on May 14.

He previously acquired 14.64 million shares from April 10 to 25 at HK$65.97 to HK$67.50 each or an average of HK$66.57 each.

Before his trades this year, he acquired 1.3 million shares in June 2015 at an average of HK$67.06 each.

The stock closed at HK$64.45 on Friday.

Source: SCMP
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 101117
Joined: Wed May 07, 2008 9:28 am

Re: CK Asset (former Cheung Kong Property) 1113

Postby winston » Fri Oct 05, 2018 8:32 am

not vested

Li pair buybacks set to continue

by Avery Chen

Billionaire Li Ka-shing and his son Victor Li Tzar-kuoi have spent about HK$340 million on a third purchase of shares in CK Asset (1113) within the last two weeks.

The buyback was in line with analysts' expectations, who also expect them to further increase their stakes in CK Asset.

A company in which the father and son each own a 50 percent shareholding has bought a total of 3.85 million shares of CK Asset on September 26, September 27 and October 2 this year at an average price of HK$59.97, HK$59.94 and HK$57.83, respectively.

Also, Li Ka Shing Foundation purchased 2.01 million shares of CK Asset (1113) on Tuesday at an average price of HK$57.56 per share.

After these moves, with a total investment of more than HK$1.5 billion, Li Ka-shing's interest in CK Asset has increased from 32.65 percent to 32.81 percent while Li Tzar-kuoi has raised his stake from 32.72 percent to 32.88 percent.

Li Ka-shing has always expressed that holding the company's shares represents his confidence in its prospects and his confidence in Hong Kong, according to the company.

The tycoon said in March this year that he has never sold his shares over the past 20 years and the so-called divestment strategy is completely untenable.

Source: The Standard

http://www.thestandard.com.hk/section-n ... r=20181005
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 101117
Joined: Wed May 07, 2008 9:28 am

Re: CK Asset (former Cheung Kong Property) 1113

Postby winston » Fri Oct 12, 2018 5:44 am

not vested

Li pair continue CK Asset buybacks

by Samantha Wong

Senior advisor of CK Asset (1113) Li Ka-shing and chairman Victor Li Tzar-kuoi, have increased their stakes in the company through the Li Ka Shing Foundation.

Li Ka-shing raised his stake in the company to 32.83 percent from previous 32.81, while stake of his eldest son Victor Li's climbed to 32.9 percent from 32.88 percent, according to stock exchange filings.

They bought the shares at an average price of HK$56.24.

Shares of CK Asset closed at HK$54.45 yesterday, down 3 percent.

Formerly known as Cheung Kong Property, the company's shares fell almost 20 percent from its peak level at HK$74.95 in early January this year. The subsidiary of conglomerate CK Hutchison (0001) had a market capitalization of HK$267 billion as of July 31.

Its business spans from Hong Kong property development to overseas property development and management.

Source: The Standard

http://www.thestandard.com.hk/section-n ... r=20181012
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 101117
Joined: Wed May 07, 2008 9:28 am

Re: CK Asset (former Cheung Kong Property) 1113

Postby winston » Fri Oct 26, 2018 8:45 am

not vested

Li Ka-shing, Victor Li Raise Stake in CK ASSET (01113.HK) for Approx. $450M

Li Ka-shing and Chairman of CK ASSET (01113.HK) Victor Li, purchased a total of 8.312 million shares of the company via Li Ka Shing Foundation with around $451 million, Stock Exchange data revealed.

From April to 24 October 2018, Li Ka-shing and Victor Li have acquired 65.7335 million shares in aggregate for approximately $3.95 billion.

Source: AAstocks.com
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 101117
Joined: Wed May 07, 2008 9:28 am

Re: CK Asset (former Cheung Kong Property) 1113

Postby winston » Thu Dec 06, 2018 7:11 am

not vested

Justin Chiu revealed that CK Asset's property sales reached a hefty HK$50 billion in 2017, while the company will this year enjoy a HK$40.2 billion windfall from last November's sale of The Center, a 73-story tower, to a consortium of the city's investors and buyers from the mainland.

CK Asset sold nearly 500 homes worth a total of HK$13.5 billion this year.

Both numbers were less than those of competitors Sun Hung Kai Property, Henderson Land, New World Development and Wheelock Property.

Source: The Standard
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 101117
Joined: Wed May 07, 2008 9:28 am

Re: CK Asset (former Cheung Kong Property) 1113

Postby winston » Thu Dec 06, 2018 7:11 am

not vested

Justin Chiu revealed that CK Asset's property sales reached a hefty HK$50 billion in 2017, while the company will this year enjoy a HK$40.2 billion windfall from last November's sale of The Center, a 73-story tower, to a consortium of the city's investors and buyers from the mainland.

CK Asset sold nearly 500 homes worth a total of HK$13.5 billion this year.

Both numbers were less than those of competitors Sun Hung Kai Property, Henderson Land, New World Development and Wheelock Property.

Source: The Standard
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 101117
Joined: Wed May 07, 2008 9:28 am

Previous

Return to C

Who is online

Users browsing this forum: No registered users and 3 guests