GO
| HSI1 | 25,396.51 | 0.00 | -- |
| HSCEI1 | 8,426.49 | 0.00 | -- |
| Back Zoom + Zoom - Block Traded | |
|
CKH: Operating Environment Envisioned to Remain Challenging and Unpredictable in 2H26; Prudent Strategy Upheld
2026-08-13 19:08:21 Frank John Sixt, Group Co-Managing Director, and Group Finance Director of CKH HOLDINGS (00001.HK), said the operating environment is envisioned to remain challenging and unpredictable in 2H26, and the demand conditions across its businesses are expected to remain a major concern, making it necessary to continue adopting a prudent strategy. He noted two points that warrant attention. (1) All proceeds were only received within the past seven months, with substantial portion in fact received in July. Looking at the grand picture of CK Group, CKH HOLDINGS, CKI HOLDINGS, POWER ASSETS and CK ASSET all recorded deep-pocketed gains amounting to billions of HKD. (2) This reflects that the management teams and boards of the group's companies need to carefully consider the intended use of these proceeds. He hopes companies under the CK Group will be able to provide more outlook guidance when announcing full-year results in six months. Dominic Lai, Group Co-Managing Director, added that there are many uncertainties in 2H26 and many developments remain unclear. As visibility is limited, the group must act more cautiously. Separately, Lai said the group has observed a gradually loosening regulatory environment for consolidation in the European market. The group frequently receives different proposals and has been exploring and evaluating various options that could enhance the long-term value of its businesses for shareholders. He said the group remains open to further exploring consolidation opportunities or other transactions in the market, although the board has not made any decision on any transaction at present. ~ AASTOCKS Financial News Website: www.aastocks.com | |