JPMorgan keeps HKD 52 target for CK Asset stock

Published on 10/15/2026 at 18:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 58.77 percent to HKD 40.31 billion in first-half 2026. CK Asset stock costs EUR 4.98 on October 15, 2026, down 1.04 percent versus HKEX.

Analyst target and interim revenue

JPMorgan maintained an Overweight rating and a HKD 52.00 target on October 9, 2026.
First-half 2026 revenue rose 58.77 percent to HKD 40.31 billion.
CK Asset stock costs EUR 4.98 at Lang & Schwarz on October 15, 2026 at 6:38 p.m. CEST, while the HKEX quote was down 1.04 percent versus the prior close.
CK Asset had a P/E ratio of 11.61 and a market capitalization of HKD 153.6 billion on October 15, 2026.

CK Asset, KYG2177B1014, Illustration mit AI erstellt.

JPMorgan maintained an Overweight rating and a HKD 52.00 price target for CK Asset on October 9, 2026, according to Futunn. Against the HKEX price of HKD 43.90 on October 15, 2026, the target stood 18.45 percent higher. CK Asset stock was priced at EUR 4.98 at Lang & Schwarz on October 15, 2026 at 6:38 p.m. CEST.

First-half revenue sets the second marker

CK Asset reported HKD 40.31 billion in revenue for the first half of 2026, an increase of 58.77 percent from the same period a year earlier. Shareholders' attributable profit reached HKD 8.68 billion, up 37.78 percent year over year, while the proposed interim dividend was HKD 0.41 per share, according to GMT Eight.

The revenue comparison is important because the reported period also included asset disposals. The same report said CK Asset held net cash of HKD 21.90 billion at the interim period end, while borrowings stood at HKD 43.80 billion. These figures give the analyst target a balance-sheet context rather than making the target a standalone signal.

Price position and trading range

The HKEX quote was HKD 43.90 on October 15, 2026 at 4:08 p.m. HKT, down 1.04 percent from the prior close of HKD 44.36. The euro quote at Lang & Schwarz was in after-hours trading in Berlin, and the two quotations are shown separately because they use different currencies and venues.

CK Asset's 52-week HKEX range was HKD 36.66 to HKD 52.35. The current home-market price was 16.50 percent above the low and 16.24 percent below the high. The company had a market capitalization of HKD 153.60 billion and a P/E ratio of 11.61 on October 15, 2026.

Comparison with peers

CK Asset (HKEX, HKD): minus 1.04 percent, P/E 11.61, market capitalization HKD 153.60 billion

CLP Holdings (HKEX, HKD): plus 0.91 percent, P/E 18.04, market capitalization HKD 195.55 billion

Henderson Land Development (HKEX, HKD): minus 0.89 percent, P/E 19.81, market capitalization HKD 129.46 billion

Target distance and investor context

The HKD 52.00 target was 18.45 percent above the HKD 43.90 home-market price. JPMorgan also estimated that extra costs for the Anderson Road redevelopment could reach HKD 1.20 billion to HKD 1.40 billion, a factor that could reduce the project's development margin from 19.00 percent to 8.00 percent to 10.00 percent.

CK Asset stock after the Hong Kong close

CK Asset stock stood at EUR 4.98 at Lang & Schwarz on October 15, 2026 at 6:38 p.m. CEST. On the Hong Kong Stock Exchange, the stock closed at HKD 43.90 on October 15, 2026, down 1.04 percent versus the prior close of HKD 44.36.

The further course of trading is shown by the continuously updated real-time quote of CK Asset stock.