{"id":116355,"date":"2020-05-14T18:45:00","date_gmt":"2020-05-14T11:45:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-issues-first-profit-warning-as-hong-kong-and-uk-businesses-suffer-ck-hutchison-says-retail-earnings-might-be-halved-this-year\/"},"modified":"2020-05-14T19:04:00","modified_gmt":"2020-05-14T12:04:00","slug":"li-ka-shings-ck-asset-issues-first-profit-warning-as-hong-kong-and-uk-businesses-suffer-ck-hutchison-says-retail-earnings-might-be-halved-this-year","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-issues-first-profit-warning-as-hong-kong-and-uk-businesses-suffer-ck-hutchison-says-retail-earnings-might-be-halved-this-year\/","title":{"rendered":"Li Ka-shing\u2019s CK Asset issues first profit warning as Hong Kong and UK businesses suffer, CK Hutchison says retail earnings might be halved this year"},"content":{"rendered":"


\nHong Kong-based conglomerate CK Asset Holdings issued a profit warning on Thursday, its first since it was listed in 2015 as part of a restructure of Hong Kong tycoon Li Ka-shing\u2019s Cheung Kong Holdings.The company said lower property sales and negative contribution from its hotels division, as well as the temporary closure of its pubs in the United Kingdom in the first quarter, could \u201cresult in a material reduction to the group\u2019s profit attributable to shareholders\u201d for the six months ending\u2026
\n
\nSource : South China Morning Post
\nRead more…Li Ka-shing\u2019s CK Asset issues first profit warning as Hong Kong and UK businesses suffer, CK Hutchison says retail earnings might be halved this year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong-based conglomerate CK Asset Holdings issued a profit warning on Thursday, its first since...<\/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-116355","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-ugH","jetpack-related-posts":[{"id":118112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-hutchison-ck-asset-first-half-profits-hit-as-coronavirus-pandemic-weighs-on-businesses\/","url_meta":{"origin":116355,"position":0},"title":"Li Ka-shing\u2019s CK Hutchison, CK Asset first-half profits hit as coronavirus pandemic weighs on businesses","date":"August 6, 2020","format":false,"excerpt":"\r CK Hutchison Holdings and CK Asset Holdings, the listed flagships of tycoon Li Ka-shing, reported sharp declines in their first-half results on Thursday as slower demand due to the coronavirus pandemic weighed heavily on the companies\u2019 energy, ports, retail and property operations.CK Hutchison, the conglomerate with businesses spanning from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171178,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-ck-hutchison-reports-7-gain-in-underlying-profit-amid-unforeseen-challenges\/","url_meta":{"origin":116355,"position":1},"title":"Hong Kong\u2019s CK Hutchison reports 7% gain in underlying profit amid \u2018unforeseen challenges\u2019","date":"March 19, 2026","format":false,"excerpt":"\r CK Hutchison Holdings, one of the flagship companies owned by Hong Kong billionaire Li Ka-shing\u2019s family, reported a 7 per cent increase in underlying profit for 2025, as the company predicted its businesses would face \u201cnew and perhaps unforeseen challenges\u201d in 2026. The ports-to-telecoms conglomerate said on Thursday that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-holdings-throws-weight-behind-beijings-security-law-for-hong-kong-ahead-of-its-biggest-property-launch-this-year\/","url_meta":{"origin":116355,"position":2},"title":"Li Ka-shing\u2019s CK Asset Holdings throws weight behind Beijing\u2019s security law for Hong Kong ahead of its biggest property launch this year","date":"June 9, 2020","format":false,"excerpt":"\r CK Asset Holdings, the second largest developer in Hong Kong by value, has sought to ease homebuyers\u2019 concerns over China\u2019s hugely controversial security bill ahead of its biggest property launch this year.Beijing\u2019s tailor-made security law for Hong Kong, which was unveiled at the annual National People\u2019s Congress on May\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138687,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-price-war-imminent-as-li-ka-shings-ck-asset-slashes-flats-to-lowest-seen-in-city-in-seven-years\/","url_meta":{"origin":116355,"position":3},"title":"Hong Kong property \u2018price war\u2019 imminent as Li Ka-shing\u2019s CK Asset slashes flats to lowest seen in city in seven years","date":"August 8, 2023","format":false,"excerpt":"\r Developer cuts prices at Coast Line II in Kowloon to US$1,921 per square foot \u2013 16 per cent below other recent launches \u2013 in a bid to boost buyer sentiment in a slumping market.\r \r Source : South China Morning Post\r Read more...Hong Kong property \u2018price war\u2019 imminent as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49128,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scmp-live-li-ka-shings-press-conference-in-hong-kong\/","url_meta":{"origin":116355,"position":4},"title":"SCMP Live: Li Ka-Shing\u2019s press conference in Hong Kong","date":"March 22, 2017","format":false,"excerpt":"\r Welcome to the South China Morning Post\u2019s live blog of the press conference by Hong Kong\u2019s wealthiest businessman Li Ka-Shing, after the announcement of 2016 earnings by CK Hutchison Holdings Ltd and Cheung Kong Property Holdings. These are the first sets of full-year financial results by both companies since\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83111,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-of-tycoon-li-ka-shings-companies-slip-as-hong-kongs-superman-hangs-up-his-cape\/","url_meta":{"origin":116355,"position":5},"title":"Shares of tycoon Li Ka-shing\u2019s companies slip as Hong Kong\u2019s \u2018Superman\u2019 hangs up his cape","date":"March 19, 2018","format":false,"excerpt":"\r Shares in Hong Kong tycoon Li Ka-shing\u2019s two listed flagship companies fell on Monday after the city\u2019s richest man announced his retirement from his position as chairman, but analysts saw the overall reaction as muted as they expected continuity in leadership. Conglomerate CK Hutchison Holdings fell 1.87 per cent,\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\/116355"}],"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=116355"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/116355\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=116355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=116355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=116355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}