Citigroup has issued a research report indicating that CK ASSET (01113) has been included in its 30-day positive catalyst watch list. The bank believes the timing is favorable for CK ASSET to accelerate investment in Hong Kong development projects, which could enhance shareholder returns through dividends or share buybacks. Potential proceeds from the sale of UK Power Networks, estimated at HK$2.4 per share, are also viewed as a catalyst for share price growth. Management is expected to discuss future capital allocation priorities and any further plans regarding the return of capital from infrastructure assets in March this year, both of which represent near-term catalysts. The bank maintains a "Buy" rating with a target price of HK$54.55.