Morgan Stanley has updated its risk-return forecast for CK ASSET (01113), raising its underlying profit projections for 2026 and 2027 by 1% and 0.9%, respectively. The firm's earnings per share estimates for 2026–2027 remain largely unchanged, implying stable year-on-year growth of approximately 2%. The investment bank expressed a positive outlook regarding the company's share repurchase program following its earnings release and the potential for a special dividend, which is expected to be finalized in June upon the completion of the UK Power Networks sale. Morgan Stanley maintained its target price of HK$57 and an "Overweight" rating on the stock.