久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Top Biz News

Li hikes stake in holding firm

(China Daily/Agencies)
Updated: 2009-11-27 08:02

Li hikes stake in holding firm

Cheung Kong (Holdings) Ltd Chairman Li Ka-shing, Hong Kong's richest man, is buying more shares in the property developer, the worst-performing stock this year among the city's five biggest real-estate companies.

Li paid HK$424 million for 4.39 million shares, about HK$96.50 each, on Nov 24, the biggest of eight purchases this month, according to the Hong Kong stock exchange data. He now owns a 40.9 percent stake, the data showed. Cheung Kong fell 0.7 percent to HK$97.8 at noon in Hong Kong yesterday.

The benchmark Hang Seng Property Index has surged 64 percent this year, compared with a 35 percent gain in Cheung Kong, as record low interest rates and the rebounding local economy lifted housing prices.

The stock's underperformance is "a good buying opportunity" for Li, according to Raymond Ngai, an analyst at JPMorgan Chase & Co.

"Cheung Kong's property business is doing fine," said Ngai, who rates the company's shares "neutral". Cheung Kong has failed to match gains in other local developers because of concerns about unit Hutchison Whampoa Ltd, Ngai said.

Related readings:
Li hikes stake in holding firm Cheung Kong to obey new flat rules early
Li hikes stake in holding firm Home prices sitting pretty: Cheung Kong
Li hikes stake in holding firm Cheung Kong 67% gain to fuel growth

Sun Hung Kai Properties Ltd, the city's biggest developer by market value, has gained 80 percent this year, Henderson Land Development Co has almost doubled, Sino Land Co has gained 85 percent, Hang Lung Properties Ltd has risen 74 percent and China Overseas Land & Investment Ltd has increased 55 percent.

Hutchison, 49.9 percent-owned by Cheung Kong, will post a 63 percent drop in 2009 full-year profit, according to the average of six analysts' estimates compiled by Bloomberg.

The company, with operations in industries spanning ports, energy, telecommunications and retailing in more than 50 countries, was challenged by the slowing global economy, Li said in August.

Li, 81, is dubbed "Superman" by Hong Kong's media because of his track record for investing. He correctly predicted in 2007 that China's stock market was in a "bubble", and his fortune was estimated at $16.2 billion by a Forbes magazine survey in March, making him Asia's second-richest individual.

Cheung Kong is rated the equivalent of "buy" by 13 of 22 analysts tracked by Bloomberg, and nine analysts have "hold" or similar recommendations.

主站蜘蛛池模板: 久久成人毛片 | 国产亚洲精品一区999 | 亚洲自拍小视频 | 欧美日韩在线观看一区二区 | 午夜黄色福利视频 | 欧美精品成人一区二区在线观看 | 免费国产不卡午夜福在线 | 玖玖爱zh综合伊人久久 | 欧美成人精品一区二区三区 | 午夜两性视频 | 国产一区二区福利久久 | 在线综合+亚洲+欧美中文字幕 | 国产福利社区 | 亚洲人成在线观看 | 久久国产国内精品对话对白 | 亚洲天堂影院在线观看 | 一级特黄aaa大片在线观看 | 在线国产高清 | 白云精品视频国产专区 | 全国男人的天堂网站 | 毛片在线视频 | 欧美精品18videos性欧美 | 欧美成人老熟妇暴潮毛片 | 美国一级毛片片aa成人 | 99re免费99re在线视频手机版 | 欧美性高清视频免费看www | 午夜成年| 男女无遮挡拍拍拍免费1000 | 国产精选在线播放 | 欧美一级精品高清在线观看 | 欧美人成片免费看视频不卡 | 国产精品午夜免费观看网站 | 中文字幕在线观看网址 | 亚洲精品亚洲人成毛片不卡 | 成人牲交一极毛片 | 福利视频99 | 亚洲黄色免费网址 | 久久免费视频6 | 国产精品96久久久久久久 | 亚洲精品日韩专区在线观看 | 欧美黄色成人 |