Daily BriefsUtilities Sector

Daily Brief Utilities: CK Infrastructure Holdings and more

In today’s briefing:

  • CKI (1038 HK): It Is the Best Time


CKI (1038 HK): It Is the Best Time

By Osbert Tang, CFA

  • CK Infrastructure Holdings (1038 HK)‘s share price should pick up as its portfolio of non-US infrastructure assets will become increasingly attractive.
  • Its assets will benefit from re-pricing as global inflation rates trend higher. Meanwhile, it will gain from the translation of foreign earnings back to HK$.
  • The secured 5.7% and 6.2% dividend yield for FY25F and FY26F makes CKI appealing, especially given a track record of 28 consecutive years of dividend hike.

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