Electric Utilities

CKI HOLDINGS

Goldman Sachs Report: Cheung Kong Infrastructure Profit Forecast Upgraded, Target Price Slightly Reduced

Citi Raises Cheung Kong Infrastructure's Target Price to HKD 73.5 and Reaffirms 'Buy' Rating

CKI HOLDINGS released FY2025 Q3 earnings on March 18, 2026 (BJT), with actual revenue of HKD 1.193 B and EPS of HKD 0.7773

CKI HOLDINGS released FY2025 9 Months Earnings on March 18, 2026 (BJT) with actual revenue of HKD 3.584 B and EPS of HKD 2.5029

CKI HOLDINGS released FY2025 Q4 earnings on March 18 After-Market (BJT), actual revenue HKD 1.193 B, actual EPS HKD 0.7773

CKI HOLDINGS released FY2025 earnings on March 18 After-Market (BJT), actual revenue HKD 4.777 B (forecast HKD 5.096 B), actual EPS HKD 3.2802 (forecast HKD 3.4712)

Cheung Kong Infrastructure Announces 1.85% Year-on-Year Growth in Profit and Final Dividend of HKD1.88

Cheung Kong Infrastructure reports a 2% year-on-year increase in net profit to HKD 8.265 billion for 2025

Cheung Kong Infrastructure Seeks £1 Bln Loan for UK Smart Meter Assets Purchase

Fitch Upgrades Cheung Kong Infrastructure's Credit Rating to 'A'

CKI HOLDINGS to Release FY2025 Earnings on March 18 After-Market (BJT), Forecast Revenue HKD 5.048 B, EPS HKD 3.5176

Morgan Stanley Cuts CK Infrastructure's 2025 Forecast but Raises 2026-2027 Projections

Citibank Gives Buy Rating to China Yangtze Infrastructure Group

Morningstar Raises Fair Value for Cheung Kong Infrastructure to HKD65

Daiwa Reports: Cheung Kong Infrastructure Mid-Year Earnings Meet Expectations

CLSA Raises Cheung Kong Infrastructure Target Price to HKD 63

Goldman Sachs Cuts Cheung Kong Infrastructure Target Price to HKD 60

CKI HOLDINGS released FY2025 Q1 earnings on August 13 (BJT), actual revenue HKD 1.196 B, actual EPS HKD 0.8628

CKI reports H1 profit of HK$43.5 billion

CKI HOLDINGS released FY2025 Semi-Annual earnings on August 13 Pre-Market (BJT), actual revenue HKD 2.391 B (forecast HKD 2.66 B), actual EPS HKD 1.7256 (forecast HKD 1.8)

HINSANG GROUP

RIVERINE CHINA

PASHUN INT RTS

BRAINAURORA-B

SOFTMEDX

GOLDENPOWER

ZHONGKE GROUP

VISION SYNERGY

GEMILANG INTL

GHPC

Ordinary dividend (cash)

Ex Date: 2026.05.26, Cash dividend 1.88 HKD

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Guotai Haitong analyst maintained a Buy rating on CK Infrastructure Holdings on May 14 and set a price target of HK$66.55. The company’s shares closed last Wednesday at HK$66.35.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Currently, the analyst consensus on CK Infrastructure Holdings is a Moderate Buy with an average price target of HK$71.67.

Tip Ranks

CK Infrastructure Holdings (CKISF) Gets a Buy from Guotai Haitong

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Yesterday's closing price for CKI Holdings rose slightly by 0.30%, with a trading volume of approximately HKD 120 million. The intraday fluctuations were extremely limited, showing a typical narrow consolidation pattern. The MACD daily level has weakly established a bullish signal, and the short-term moving averages are flattening, indicating a temporary balance between bullish and bearish forces in the market, which is usually interpreted as a consolidation phase before a trend change. The trading volume is low, indicating that market participants are mainly in a wait-and-see mode, awaiting a catalyst for directional choice. 

On the news front, CKI Holdings, as the infrastructure flagship under Li Ka-shing, covers global infrastructure assets in power, transportation, and water services. Notably, its affiliate CK Hutchison saw a significant increase of 4.14% to HKD 73 yesterday, with the market speculating that the CK Hutchison group may be driven by expectations of asset revaluation or strategic adjustments. Although the surge in global long-term bond yields puts some pressure on high-yield stocks, CKI Holdings' infrastructure assets are mostly under regulated return models, providing strong revenue certainty, and their defensive value during economic downturns is still recognized by institutions. 

From a technical perspective, the current stock price is trading narrowly between the 5-day and 10-day moving averages, with both upward and downward spaces constrained. If this low-volume consolidation pattern continues for two to three trading days before a breakout occurs, it will have stronger directional significance. The strong performance of CK Hutchison may create a certain valuation-driven effect, so attention should be paid to whether there is a correlated upward movement today. The short-term trend is referenced as neutral to slightly bullish, with the technical aspect still in a consolidation phase without a clear breakout. If the trading volume remains sluggish or the sector collectively weakens, the consolidation pattern may evolve into a downward breakout, which requires close attention. This article only provides technical analysis and market information for reference and does not constitute any investment advice

Technical Forecast

CKH HOLDINGS

CK Hutchison Holdings

Pre-market trend | CKI HOLDINGS (1038.HK) narrow consolidation on May 7, preparing for direction in the defensive camp?

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Yesterday, MTR CORPORATION's stock price rose moderately by 1.27%, with a trading volume of approximately HKD 316 million, continuing its recent steady upward trend. The MACD daily line has established a bullish signal, and the short-term moving average system is showing an orderly upward pattern, which usually indicates that the market consensus on the stock's short-term bullish outlook is consolidating. In terms of trading volume, the turnover remains above the recent average level, indicating that bulls are steadily building positions, with a calm rather than hasty pace. On the news front, as a leader in Hong Kong's infrastructure and railway operations, MTR's defensive attributes have attracted capital in the current market environment. The surge in global long-term bond yields has raised concerns about the economic outlook, with Deutsche Bank pointing out that financing costs in developed economies are approaching or even exceeding nominal GDP growth rates. In this macro context, utility stocks with stable cash flows and high dividend characteristics are often more favored by risk-averse funds. Meanwhile, the recovery of local economic activities in Hong Kong continues, and the rebound in subway passenger volume provides positive support for MTR's revenue. Sector-wise, power companies and infrastructure stocks were generally strong yesterday, with CKI HOLDINGS also recording positive returns, forming a collective strength in the defensive sector. From a technical perspective, MTR's stock price has stabilized above the 5-day and 10-day moving averages for several consecutive trading days, with a solid short-term support system. Although the trading volume is not explosive, it remains consistently stable; this "moderate volume increase" pattern often indicates strong trend sustainability in utility stocks. Today, attention should be paid to the overall atmosphere of the Hang Seng Index and the allocation trends of southbound funds towards high-yield defensive stocks. The short-term trend is biased towards bullishness, with defensive attributes combined with healthy technical performance, but the upside potential may be constrained by the overall valuation center of the market

MTR CORPORATION

Penghua CSI All Share Utilities ETF

GF CSI All Share Power Public Service ETF

Bosera CSI All Share Electric Utilities ETF

Deutsche Bank AG

Hang Seng Index

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

Pre-market trend | MTR CORPORATION (0066.HK) steadily rises on May 7, can the defensive leader maintain its strength?

CK Infrastructure calls hybrid SGM to approve major disposal deal

CK Infrastructure calls hybrid SGM to approve major disposal deal

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CK Hutchison Holdings reported a 7% increase in underlying profit for 2025, reaching HK$22.3 billion, despite a 31% drop in net profit to HK$11.84 billion due to a one-time accounting loss from a telecom merger. Chairman Victor Li noted geopolitical pressures and legal conflicts but emphasized the company's diversified operations and strong cash generation. The firm plans to seek opportunities for shareholder value enhancement while maintaining disciplined financial management. CK Asset Holdings also reported a profit decline, while CK Infrastructure saw a 2% profit increase, expecting to complete a major sale in the coming months.

SCMP

CK ASSET

Hong Kong’s CK Hutchison reports 7% gain in underlying profit

CK Infrastructure Holdings (SEHK:1038) reported FY 2025 results with second half revenue of HK$2,386 million and basic EPS of HK$1.55. Despite a modest earnings growth of 1.8% and a forecast of 4.4% per year, the company maintains a trailing P/E of 20.1x, above peers. The stock offers a 3.96% dividend yield, but free cash flow coverage is weak. Investors are cautious about sustaining profit levels amid soft revenue trends, with concerns over the premium valuation compared to DCF fair value of HK$6.36 against a share price of HK$65.85.

Simplywall

CK Infrastructure Holdings (SEHK:1038) Margin Strength Supports Premium P/E Narrative

CKI HOLDINGS reported a net profit of HKD 8.265 billion last year, an increase of 1.84% year-on-year, with a final dividend of HKD 1.88 per share. Revenue was HKD 41.679 billion, up 6.91% year-on-year. The group expects the sale of UK Power Networks to be completed in the first half of 2026

Tasty Money

Cheung Kong Infrastructure Holdings (1038) reported a net profit of HKD 8.26 billion last year and declared a final dividend of HKD 1.88

CKI HOLDINGS(01038.HK)

CK Infrastructure Holdings (CKISF) Gets a Buy from Guotai Haitong

Pre-market trend | CKI HOLDINGS (1038.HK) narrow consolidation on May 7, preparing for direction in the defensive camp?

Pre-market trend | MTR CORPORATION (0066.HK) steadily rises on May 7, can the defensive leader maintain its strength?

CK Infrastructure calls hybrid SGM to approve major disposal deal

Hong Kong’s CK Hutchison reports 7% gain in underlying profit

CK Infrastructure Holdings (SEHK:1038) Margin Strength Supports Premium P/E Narrative

Cheung Kong Infrastructure Holdings (1038) reported a net profit of HKD 8.26 billion last year and declared a final dividend of HKD 1.88

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