{"id":109563,"date":"2019-08-01T17:48:13","date_gmt":"2019-08-01T10:48:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-lis-ck-asset-sees-core-profit-rise-16-per-cent-thanks-to-strong-property-sales-before-market-soured\/"},"modified":"2019-08-01T19:04:13","modified_gmt":"2019-08-01T12:04:13","slug":"victor-lis-ck-asset-sees-core-profit-rise-16-per-cent-thanks-to-strong-property-sales-before-market-soured","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-lis-ck-asset-sees-core-profit-rise-16-per-cent-thanks-to-strong-property-sales-before-market-soured\/","title":{"rendered":"Victor Li\u2019s CK Asset sees core profit rise 16 per cent thanks to strong property sales before market soured"},"content":{"rendered":"


\nVictor Li Tzar-kuoi\u2019s CK Asset Holdings announced a 16.4 per cent increase in core profit for the six months to June, driven by strong property sales in Hong Kong that it locked in before the housing market turned sour.Underlying interim profit, excluding investment property revaluation and property disposal, came to HK$14.05 billion (US$1.8 billion), up from HK$12.07 billion in 2018.CK Asset, the second largest developer by market value in Hong Kong, said revenue rose 41 per cent to HK$34\u2026
\n
\nSource : South China Morning Post
\nRead more…Victor Li\u2019s CK Asset sees core profit rise 16 per cent thanks to strong property sales before market soured<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Victor Li Tzar-kuoi\u2019s CK Asset Holdings announced a 16.4 per cent increase in core profit...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-109563","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sv9","jetpack-related-posts":[{"id":95723,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-lis-ck-asset-wins-us4-8-billion-tender-for-hong-kongs-most-expensive-rail-development\/","url_meta":{"origin":109563,"position":0},"title":"Victor Li\u2019s CK Asset wins US$4.8 billion tender for Hong Kong\u2019s most expensive rail development","date":"August 9, 2018","format":false,"excerpt":"\r CK Asset Holdings, the property conglomerate chaired by Victor Li Tzar-kuoi, has won the tender for Hong Kong\u2019s most expensive railway development, paying an estimated HK$37.65 billion (US$4.79 billion) for the Wong Chuk Hang site. CK Asset, which Li took over from his father formally in May, beat out\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120471,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-lis-ck-asset-scores-first-win-at-kai-tak-bags-last-residential-plot-on-former-airports-runway\/","url_meta":{"origin":109563,"position":1},"title":"Victor Li\u2019s CK Asset scores first win at Kai Tak, bags last residential plot on former airport\u2019s runway","date":"February 18, 2021","format":false,"excerpt":"\r Hong Kong tycoon Victor Li Tzar-kuoi\u2019s CK Asset Holdings won its first tender for land at Hong Kong\u2019s old airport, Kai Tak, on Wednesday. The site, Area 4E Site 2, was also the last residential plot up for grabs on its runway.The developer won the plot for HK$10.28 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95263,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-reports-20pc-gain-in-profit-for-first-half-of-2018-in-strong-showing-for-new-chairman\/","url_meta":{"origin":109563,"position":2},"title":"CK Asset reports 20pc gain in profit for first half of 2018 in strong showing for new chairman","date":"August 2, 2018","format":false,"excerpt":"\r Victor Li Tzar-kuoi\u2019s CK Asset Holdings announced a 20 per cent increase in core profit for the first half of the year, partly thanks to the world-record breaking sale of The Center in Central at HK$40.2 billion (US$5.15 billion). The interim results, announced Thursday, were the first for Li\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62695,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-property-spends-us895m-on-share-buy-backs-as-interim-profits-rise-14-per-cent\/","url_meta":{"origin":109563,"position":3},"title":"Li Ka-shing\u2019s CK Property spends US$895m on share buy-backs as interim profits rise 14 per cent","date":"August 3, 2017","format":false,"excerpt":"\r Chueng Kong Property Holdings, controlled by tycoon Li Ka-shing, has reported a 14 per cent increase in core profits for the first half year, driven by a strong contribution from Hong Kong property sales. Underlying profit, excluding revaluation gains on investment properties, amounted to HK$9.48 billion (US$1.21 billion), or\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128319,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-lis-ck-asset-confirms-submitting-tender-for-china-evergrandes-flagship-wan-chai-building\/","url_meta":{"origin":109563,"position":4},"title":"Victor Li\u2019s CK Asset confirms submitting tender for China Evergrande\u2019s flagship Wan Chai building","date":"July 28, 2022","format":false,"excerpt":"\r The 26-storey tower, bought by Everegrande for HK$12.5 billion (US$1.61 billion) in 2015, had been one of the key assets marked for disposal by the Shenzhen-based developer.\r \r Source : South China Morning Post\r Read more...Victor Li\u2019s CK Asset confirms submitting tender for China Evergrande\u2019s flagship Wan Chai building","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69126,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-ck-asset-rise-amid-rumours-of-hk40-2bn-sale-of-the-center-building-in-hong-hong\/","url_meta":{"origin":109563,"position":5},"title":"Shares in CK Asset rise amid rumours of HK$40.2bn sale of The Center building in Hong Hong","date":"October 16, 2017","format":false,"excerpt":"\r Shares in Li Ka-shing\u2019s flagship property company CK Asset rose by the most in a month on Monday, after the Hong Kong Economic Journal reported it had sold the city\u2019s fifth-tallest building, \u201cThe Center\u201d, for a record HK$40.2 billion (US$5.15 billion). If the deal does materialise, it will be\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109563"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=109563"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109563\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}