CKHUY - CK Hutchison: 60% Upside Potential
In the past year, CK Hutchison (CKHUY, CKHUF), the empire of billionaire Li Ka-Shing, has experienced the downturn in its price, from more than $100 HKD per share to $89.50 at the time of writing. One of the reasons might be the retirement of “superman” Li Ka-Shing, and the fact that his son, Victor Li, has taken over the reins of the family empire. Is CK Hutchison is cheap at the current price? Let’s look deeper.
At the surface, many investors would think CK Hutchison, which is listed in Hong Kong market,