Shares of Cheung Kong (Holdings) was up 4.56 percent at HK74.50. Cheung Kong is playing catch up with Hutchison, ... It's been a laggard over the past few weeks so investors are trying to narrow the gap with Hutchison.
Quotes about cheung (7 Quotes)
Cheung Kong was up HK4.75 in London trade on Friday, so Hong Kong investors are catching up.
I want to find a good script to work with Maggie Cheung on because she touched me more than 10 years ago,
It's still to early to say whether Hutchison and Cheung Kong's share prices can hold up today,
The market is down on Wall Street's performance but it may rebound from here because Hutchison and Cheung Kong don't seem to have too much downside and China Mobile's share price in the U.S. didn't fall too sharply overnight,
The new accounting standards won't significantly affect Cheung Kong's underlying profit until the second half when both rental income and the value of its investment properties are expected to continue to rise.
Cheung Kong is still experiencing pressure on the MSCI removal because fund managers still hold quite a big chunk of the stock so it will take time to offload,