Ge Long Hui·2025-08-15 06:47Core Viewpoint - Citigroup's research report indicates that Cheung Kong's operational performance across various businesses in the first half of the year is strong, with management reaffirming discussions with major strategic investors in mainland China regarding port asset transactions, although completion of these transactions is expected to be complicated and unlikely within the year due to multi-national regulatory approvals [1] Group 1 - Cheung Kong's management is in talks with major strategic investors in mainland China regarding port asset transactions [1] - The complexity of the regulatory approval process across multiple countries is expected to delay the completion of these transactions until next year [1] Group 2 - Citigroup has revised Cheung Kong's net asset value (NAV) per share forecast from HKD 118.31 to HKD 138.69 [1] - The target price for Cheung Kong has been increased from HKD 53 to HKD 61, maintaining a "buy" rating [1]