{"id":118112,"date":"2020-08-06T17:30:24","date_gmt":"2020-08-06T10:30:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-hutchison-ck-asset-first-half-profits-hit-as-coronavirus-pandemic-weighs-on-businesses\/"},"modified":"2020-08-06T18:04:40","modified_gmt":"2020-08-06T11:04:40","slug":"li-ka-shings-ck-hutchison-ck-asset-first-half-profits-hit-as-coronavirus-pandemic-weighs-on-businesses","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-hutchison-ck-asset-first-half-profits-hit-as-coronavirus-pandemic-weighs-on-businesses\/","title":{"rendered":"Li Ka-shing\u2019s CK Hutchison, CK Asset first-half profits hit as coronavirus pandemic weighs on businesses"},"content":{"rendered":"


\nCK 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 container ports, retailers to telecommunications and power plants, said net profit fell 29 per cent to HK$13 billion (US$1.7 billion) for the first six\u2026
\n
\nSource : South China Morning Post
\nRead more…Li Ka-shing\u2019s CK Hutchison, CK Asset first-half profits hit as coronavirus pandemic weighs on businesses<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CK Hutchison Holdings and CK Asset Holdings, the listed flagships of tycoon Li Ka-shing, reported...<\/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-118112","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-uJ2","jetpack-related-posts":[{"id":116355,"url":"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\/","url_meta":{"origin":118112,"position":0},"title":"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","date":"May 14, 2020","format":false,"excerpt":"\r Hong 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\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":118112,"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":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":118112,"position":2},"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":[]},{"id":146725,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-companies-report-lower-earnings-wont-bet-against-hong-kongs-prospects\/","url_meta":{"origin":118112,"position":3},"title":"Li Ka-shing\u2019s companies report lower earnings, won\u2019t bet against Hong Kong\u2019s prospects","date":"August 15, 2024","format":false,"excerpt":"\r Earnings at CK Hutchison and CK Asset weakened in the first half of 2024 amid global trade conflicts and property market slump at home, according to stock exchange filings.\r \r Source : South China Morning Post\r Read more...Li Ka-shing\u2019s companies report lower earnings, won\u2019t bet against Hong Kong\u2019s prospects","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-giant-ck-asset-to-redevelop-centrals-hutchison-house-as-valuations-soar\/","url_meta":{"origin":118112,"position":4},"title":"Hong Kong property giant CK Asset to redevelop Central\u2019s Hutchison House as valuations soar","date":"June 7, 2018","format":false,"excerpt":"\r Hong Kong property giant CK Asset Holdings plans to redevelop its 44-year-old Hutchison House office tower in the city\u2019s Central district, a move that could triple the property\u2019s value in the latest reshuffle of assets by the conglomerate after the retirement of its billionaire founder, Li Ka-shing. Three people\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":118112,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118112"}],"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=118112"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118112\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}