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CK Asset Holdings downgraded to Neutral from Buy at Goldman Sachs

Goldman Sachs downgraded CK Asset Holdings (CHKGF) to Neutral from Buy with a price target of HK$53, up from HK$48. Factoring in the latest industry assumptions and property schedule, the firm revised its FY25-27 earnings for CKA down 5%, 7% and 5%, respectively.

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