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| HSI1 | 24,231.30 | -138.41 | 383.17B |
| HSCEI1 | 8,914.03 | -24.06 | 180.15B |
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2025-03-07 14:32:42 JPMorgan has released a research report indicating that it may be a positive surprise to investors that CKH HOLDINGS is planning to sell most of its port business. The business targeted for sale accounts for 13% of CKH HOLDINGS's EBITDA, with the port business's contribution estimated to nosedive from 15% to 1%. Although the company has not yet disclosed the specific use of the proceeds from the sale, JPMorgan tends to believe that capital allocation may lean towards infrastructure business to further strengthen development in that area based on acquisition trends in recent years. JPMorgan set its target price for CKH HOLDINGS at $50, with an Overweight rating. ~ AAStocks Financial News Web Site: www.aastocks.com | |