CK Infrastructure Holdings Ltd
01038: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HK$71.00 | Yzrp | Lptvxht |
CKI Expected to See Increased Acquisition Opportunities; London Listing Expands Base
Business Strategy and Outlook
CK Infrastructure functions almost like an infrastructure trust where it owns a portfolio of regulated utilities and other infrastructure-related activities with stable income streams. The company receives dividends from its assets and builds up cash to make periodic acquisitions of similar assets. Low- to mid-single-digit organic earnings growth is lifted by income contribution from acquisitions.