According to the financial news app, CKH Holdings (00001) fell more than 3%. As of press time, it fell 3.03% to HKD 39.95 with a turnover of HKD 0.139 billion.

According to Morgan Stanley's research report, CKH Holdings is expected to have a YoY decline of 3% in earnings per share in the first half of this year, while dividends per share may remain the same as last year. The bank explained that the decline in earnings per share of CKH Holdings is mainly due to weak performance of its financial and other businesses, weak retail industry performance in Hong Kong, and high group tax expenses. However, its port and telecommunications businesses improved during the same period.

According to Bank of America Securities, the company's operations are recovering this year after a difficult 2023 fiscal year, but its earnings growth may be affected by last year's one-time gains. The bank expects the company's profit in the first half of the year to drop by 8% YoY, reaching CNY 10.3 billion, and lowers its target price by 5% to HKD 55. CITIC Lyon lowered CKH Holdings' target price from HKD 58 to HKD 57, down 1.7%, maintaining an "outperform the market" rating.