CK Hutchison Holdings Ltd
00001: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HK$49.00 | Pdrc | Smcckgp |
CKH Provides Segment and Geographical Diversity at Reasonable Value
Business Strategy and Outlook
Conglomerate CK Hutchison Holdings, or CKH, is expected to continue to focus on acquisitions, spinoffs and cost containment in order to raise its profit. We think efforts to improve customer retention at its drugstore chain Watsons, and the tweaks to its portfolio of telecom activities will help drive profit on our view that activities are gradually normalizing post pandemic. The next six months, however, could still present some challenges in China and Hong Kong, given the omicron variant spread.