On August 14, CK ASSET fell 6.65% in regular trading, trading at HK$44.46/share, with turnover of HK$47.32 million.

The decline was triggered by the company's interim results released after market on August 13. While headline figures were strong — revenue of HK$40.31 billion (up 58.77% YoY) and shareholders' profit of HK$8.68 billion (up 37.8% YoY) — the company declared only an ordinary interim dividend of HK$0.41 per share. Crucially, no special dividend was announced despite the HK$9.79 billion gain from the sale of UK Power Networks, falling significantly short of UBS's prior forecast of a HK$0.39-0.82 per share special dividend. Property development gross margin came in at just 3.5%, and management struck a cautious tone on the outlook, stating conditions are too uncertain to forecast.

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