# CK ASSET HOLDINGS LTD

Summary updated: 2026-09-28T14:46:44.906085Z
Canonical: https://finbar.com/research/companies/ck-asset-holdings

## Overview

CK Asset Holdings Limited is a Hong Kong-listed property and investment group whose activities span property development and investment, hotels and serviced suites, property and project management, pub operations, and investments in infrastructure and utility assets. Its property development business is concentrated in Hong Kong and mainland China, with a presence in the United Kingdom and Singapore; its infrastructure interests extend across several international markets. [1](https://app.finbar.com/go?id=P154938968)[2](https://app.finbar.com/go?id=P154939037)[3](https://app.finbar.com/go?id=P154939044)[4](https://app.finbar.com/go?id=T17866051)

The company’s stated purpose is to enrich lives through its assets and services while creating long-term value for stakeholders through sustainable business development. Its current listed-company structure dates from a 2015 reorganisation of Cheung Kong (Holdings) Limited. CK Asset reported Group revenue of HK$57.9 billion in 2025 and approximately 54,000 employees at year-end. [2](https://app.finbar.com/go?id=P154939037)[5](https://app.finbar.com/go?id=P154939035)[6](https://app.finbar.com/go?id=T17866079)[7](https://app.finbar.com/go?id=P154938697)
[1](https://app.finbar.com/go?id=P154938968)[2](https://app.finbar.com/go?id=P154939037)[3](https://app.finbar.com/go?id=P154939044)[4](https://app.finbar.com/go?id=T17866051)[5](https://app.finbar.com/go?id=P154939035)[6](https://app.finbar.com/go?id=T17866079)[7](https://app.finbar.com/go?id=P154938697)

## Products & services

CK Asset Holdings develops and sells residential property, and leases office and retail space. Named developments include Blue Coast and Blue Coast II in Hong Kong and Perfect Ten in Singapore; its commercial properties include Cheung Kong Center, One and Two Harbourfront, The Whampoa and OP Mall. It also provides property and project management services, including design and development coordination, construction oversight and inspections before handover. [8](https://app.finbar.com/go?id=P154936971)[9](https://app.finbar.com/go?id=P154937017)[10](https://app.finbar.com/go?id=T17866077)[11](https://app.finbar.com/go?id=P154938660)

Its hospitality offerings include hotels and serviced suites under names such as Harbour Grand Hotels, Harbour Plaza Hotels & Resorts and Horizon Hotels & Suites. Through Greene King, it operates UK pubs and restaurants, offers franchised or leased pubs to operators, and brews, sells and distributes beer. Its joint-venture interests also provide infrastructure and utility services, including electricity and gas distribution and water services. [12](https://app.finbar.com/go?id=P154937036)[13](https://app.finbar.com/go?id=T17865943)[14](https://app.finbar.com/go?id=T17865944)

In 2025, pub operations accounted for approximately 45% of Group revenue and property sales for 35%; property rental, hotels and serviced suites, and property and project management accounted for approximately 10%, 8% and 1%, respectively. Infrastructure and utility operating revenue was reported separately through joint ventures, rather than as Group revenue. [15](https://app.finbar.com/go?id=T17866087)
[8](https://app.finbar.com/go?id=P154936971)[9](https://app.finbar.com/go?id=P154937017)[10](https://app.finbar.com/go?id=T17866077)[11](https://app.finbar.com/go?id=P154938660)[12](https://app.finbar.com/go?id=P154937036)[13](https://app.finbar.com/go?id=T17865943)[14](https://app.finbar.com/go?id=T17865944)[15](https://app.finbar.com/go?id=T17866087)

## Geographic presence

CK Asset Holdings’ geographic revenue disclosure covers Hong Kong, the Mainland, the United Kingdom and an “Others” category. In 2025, total revenue including joint ventures was HK$85.8 billion: the UK contributed HK$38.8 billion (45.2%), Hong Kong HK$18.0 billion (21.0%), the Mainland HK$7.1 billion (8.3%) and Others HK$21.9 billion (25.6%). The Others category is not broken down by country.[16](https://app.finbar.com/go?id=T17866088)

The company’s investment-property portfolio spans Hong Kong, the Mainland and the UK. Its property listings also identify assets in Dublin, Ireland, while its UK operations include Greene King pubs. Infrastructure and utility joint ventures extend its footprint to Australia, the US, Canada and other European markets.[17](https://app.finbar.com/go?id=P154938588)[18](https://app.finbar.com/go?id=T17866078)[19](https://app.finbar.com/go?id=P154938592)[20](https://app.finbar.com/go?id=P154938666)[4](https://app.finbar.com/go?id=T17866051)
[16](https://app.finbar.com/go?id=T17866088)[16](https://app.finbar.com/go?id=T17866088)[16](https://app.finbar.com/go?id=T17866088)[16](https://app.finbar.com/go?id=T17866088)[16](https://app.finbar.com/go?id=T17866088)[17](https://app.finbar.com/go?id=P154938588)[18](https://app.finbar.com/go?id=T17866078)[19](https://app.finbar.com/go?id=P154938592)[20](https://app.finbar.com/go?id=P154938666)[4](https://app.finbar.com/go?id=T17866051)

## Business segments

CK Asset Holdings reports six business divisions. Property sales covers development and sales projects, particularly in Hong Kong and mainland China; property rental leases investment properties; hotel and serviced suite operation runs accommodation properties; and property and project management provides management and related services.[21](https://app.finbar.com/go?id=P154938630)[22](https://app.finbar.com/go?id=P154938642)[23](https://app.finbar.com/go?id=P154938647)[24](https://app.finbar.com/go?id=P154938653) In 2025, these divisions accounted for approximately 15%, 25%, 9% and 2%, respectively, of total divisional contribution, including the group’s share of joint ventures.[25](https://app.finbar.com/go?id=T17866089)

The remaining divisions are pub operation, through Greene King’s pubs and breweries in the United Kingdom, and infrastructure and utility asset operation, which includes interests in electricity, water and other infrastructure businesses.[11](https://app.finbar.com/go?id=P154938660)[20](https://app.finbar.com/go?id=P154938666) They accounted for approximately 2% and 47%, respectively, of 2025 divisional contribution.[25](https://app.finbar.com/go?id=T17866089) The pub division’s reported contribution was reduced by an asset-impairment provision, so its 2025 share is not necessarily representative of its usual earnings contribution.[26](https://app.finbar.com/go?id=P154938662)
[21](https://app.finbar.com/go?id=P154938630)[22](https://app.finbar.com/go?id=P154938642)[23](https://app.finbar.com/go?id=P154938647)[24](https://app.finbar.com/go?id=P154938653)[25](https://app.finbar.com/go?id=T17866089)[25](https://app.finbar.com/go?id=T17866089)[25](https://app.finbar.com/go?id=T17866089)[25](https://app.finbar.com/go?id=T17866089)[25](https://app.finbar.com/go?id=T17866089)[25](https://app.finbar.com/go?id=T17866089)[25](https://app.finbar.com/go?id=T17866089)[11](https://app.finbar.com/go?id=P154938660)[20](https://app.finbar.com/go?id=P154938666)[26](https://app.finbar.com/go?id=P154938662)

## Company history

CK Asset’s roots lie in Li Ka-shing’s Cheung Kong Industries, established as a plastics business in 1950. The present company emerged from a restructuring of the Cheung Kong group: its shares began trading in Hong Kong on 3 June 2015 under the name Cheung Kong Property Holdings. [27](https://www.ckah.com/en/about-us/company-profile/)[28](https://app.finbar.com/go?id=P154937358)

The company adopted the name CK Asset Holdings in 2017, reflecting a broader investment focus beyond property. In 2019, it acquired Greene King, marking a major expansion into the United Kingdom’s pub sector. [27](https://www.ckah.com/en/about-us/company-profile/)[29](https://www.ckah.com/en/investor-relations/announcements/)
[28](https://app.finbar.com/go?id=P154937358)[27](https://www.ckah.com/en/about-us/company-profile/)[29](https://www.ckah.com/en/investor-relations/announcements/)

## Sources

1. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p27](https://app.finbar.com/go?id=P154938968)
2. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p31](https://app.finbar.com/go?id=P154939037)
3. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p32](https://app.finbar.com/go?id=P154939044)
4. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p13](https://app.finbar.com/go?id=T17866051)
5. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p31](https://app.finbar.com/go?id=P154939035)
6. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p70](https://app.finbar.com/go?id=T17866079)
7. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p15](https://app.finbar.com/go?id=P154938697)
8. [CK ASSET HOLDINGS LTD — Full financial report (2024 Y), p8](https://app.finbar.com/go?id=P154936971)
9. [CK ASSET HOLDINGS LTD — Full financial report (2024 Y), p11](https://app.finbar.com/go?id=P154937017)
10. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p68](https://app.finbar.com/go?id=T17866077)
11. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p13](https://app.finbar.com/go?id=P154938660)
12. [CK ASSET HOLDINGS LTD — Full financial report (2024 Y), p12](https://app.finbar.com/go?id=P154937036)
13. [CK ASSET HOLDINGS LTD — Full financial report (2024 Y), p13](https://app.finbar.com/go?id=T17865943)
14. [CK ASSET HOLDINGS LTD — Full financial report (2024 Y), p14](https://app.finbar.com/go?id=T17865944)
15. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p76](https://app.finbar.com/go?id=T17866087)
16. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p76](https://app.finbar.com/go?id=T17866088)
17. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p8](https://app.finbar.com/go?id=P154938588)
18. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p69](https://app.finbar.com/go?id=T17866078)
19. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p8](https://app.finbar.com/go?id=P154938592)
20. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p13](https://app.finbar.com/go?id=P154938666)
21. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p11](https://app.finbar.com/go?id=P154938630)
22. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p12](https://app.finbar.com/go?id=P154938642)
23. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p12](https://app.finbar.com/go?id=P154938647)
24. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p12](https://app.finbar.com/go?id=P154938653)
25. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p76](https://app.finbar.com/go?id=T17866089)
26. [CK ASSET HOLDINGS LTD — Full financial report (2025 Y), p13](https://app.finbar.com/go?id=P154938662)
27. [www.ckah.com](https://www.ckah.com/en/about-us/company-profile/)
28. [CK ASSET HOLDINGS LTD — Full financial report (2024 Y), p27](https://app.finbar.com/go?id=P154937358)
29. [www.ckah.com](https://www.ckah.com/en/investor-relations/announcements/)

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