CK Asset’s first-half profit falls 26% amid Hong Kong property market challenges

CK Asset’s first-half profit falls 26% amid Hong Kong property market challenges

CK Asset Holdings, one of the flagship companies owned by billionaire Li Ka-shing’s family, reported weaker-than-expected first-half profit amid a challenging housing market in Hong Kong and declining rental income from its commercial properties. Profit attributable to shareholders fell 26.2 per cent to HK$6.3 billion (US$806.4 million) in the six months to June, according to…

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CK Asset’s first-half profit falls 26% amid Hong Kong property market challenges

CK Asset’s first-half profit falls 26% amid Hong Kong property market challenges

CK Asset Holdings, one of the flagship companies owned by billionaire Li Ka-shing’s family, reported weaker-than-expected first-half profit amid a challenging housing market in Hong Kong and declining rental income from its commercial properties. Profit attributable to shareholders fell 26.2 per cent to HK$6.3 billion (US$806.4 million) in the six months to June, according to…

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Tesla grants CEO Elon Musk $29 billion pay package

Fortune Tech: Perplexity’s Chrome bid, Apple’s Musk problem, Russia links to court hack, CoreWeave drops

Good morning. In honor of Perplexity’s unsolicited $34.5 billion bid to acquire Google’s Chrome web browser amid U.S. antitrust scrutiny—a figure well beyond the San Francisco AI startup’s $18 billion valuation!—five things I’d like to place an unsolicited bid on with someone else’s money: But please, Marc—keep the disco ball. Today’s tech news below. —Andrew…

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Phones Overtake Cards as Singapore’s Favorite Checkout Tool

Phones Overtake Cards as Singapore’s Favorite Checkout Tool

In the “2025 Global Digital Shopping Index: Singapore Edition,” released by PYMNTS Intelligence and commissioned by Visa Acceptance Solutions, a survey of 1,510 consumers and 425 merchants in Singapore, underscores the reality that smartphones are not just tools for online purchases. They’re integral to the entire shopping journey, including in-store experiences. The island nation stands…

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