HK Stock Market Move | CK ASSET (01113) rose over 4% as the mid-term results disclosure approaches. UBS expects a special dividend in the first half of the year.

CK ASSET (01113) rose over 4%, and as of the time of writing, it is up 3.66%, trading at HKD 48.12, with a trading volume of HKD 168 million. In terms of news, CK ASSET held a board meeting today to approve the publication of the company's mid-term results for 2026 and to consider the distribution of a mid-term dividend. UBS previously pointed out that, to reflect the substantial proceeds from the sale of UKPN (HKD 8.4 billion), Longfor is expected to announce a special dividend of HKD 0.39-0.82 per share for the first half of 2026, which implies a payout ratio of 16%-34%. Considering the banks forecast of an organic dividend of HKD 1.78 per share for the fiscal year 2026, the total dividend yield is expected to reach 5%-6%.