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Victor Li: HK Property Mkt Has Rigid Demand; No Worry on Cheung Kong Center II Leasing Situation
Recommend 22 Positive 28 Negative 34 |
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CK ASSET (01113.HK) held its annual general meeting. Chairman Li Tzar Kuoi, Victor said that the buyback of the Company's shares is also an investment. Since 2023, the Group spent over $3 billion to buy back more than 83 million shares, which is the Group's indirect investment in Hong Kong. Li believed that shareholders return is not limited to dividend declaration, and that share buyback is also a kind of return. In addition, the Group will also continue to promote the future development of the Company for the long-term interests of its shareholders, such as the recent acquisition of 2 new projects. It was difficult to generalize the pricing of properties as its depends on different conditions, Li added. He believed that there had always been rigid demand in the Hong Kong property market, with still supported long-term development. The factors affecting the property market after the withdrawal of the Hong Kong government's spicy measures were mainly policies and interest rates. As for Hong Kong's offices, Li believed that Cheung Kong Center II is a quality core office project with a full sea view, although the demand is not high recently. Therefore, Li was not too worried about the leasing of the project. AAStocks Financial News |
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