Hutchison Port Holdings Trust News

THE following companies saw new developments that may affect trading of their securities on Thursday (Feb 8):

Hutchison Port Holdings Trust has reported a distribution per unit (DPU) of 13.2 HK cents (2.3 cents) for the FY2023 ended Dec 31, 2023, bringing 9.0% lower than its FY2022 DPU of 14.50 HK cents. The trust’s latest full-year DPU represents a distribution yield of 11.4% as at its market price of 14...

HUTCHISON Port Holdings (HPH) Trust posted a distribution per unit (DPU) of HK$0.077 for the second half of its 2023 financial year ended Dec 31, 2023 – a 3.75 per cent decline from HK$0.08 a year ago.

SINGAPORE stocks were pulled into positive territory on Monday (Jan 15), supported by gains from bank stocks and other index counters. Singapore’s Straits Times Index (STI) headed up 0.3 per cent or 10.6 points to 3,202.32 as at 9.01 am. Across the broader market, gainers outnumbered losers 82 to ...

DBS Group Research analysts have maintained their “buy” call for Hutchison Port Holdings Trust (HPHT) P7VU -2% P7VUHUTCHISON PORT HLDS TRUST SGDTRANSPORTATIONS$ 0.245-0.005 -2%with a lower target price of 32 cents from 37 cents previously as they look forward to a “more promising” 2HFY2023 e...

Hutchison Port Holdings Trust (HPHT) has reported earnings of HK$94.9 million ($16.2 million) for the 1HFY2023 ended June 30, 86.8% lower than earnings of HK$716.3 million in the corresponding period the year before.Earnings per unit attributable to unitholders stood at 1.09 HK cents, down 86.8% y-o...

PSA International Pte has shelved plans to sell its minority stake in the ports business of Hong Kong’s CK Hutchison Holdings amid economic headwinds, according to people familiar with the matter.Temasek Holdings-owned PSA put the stake sale on hold after potential valuations were lower than expec...

PSA International has shelved plans to sell its minority stake in the ports business of Hong Kong’s CK Hutchison Holdings amid economic headwinds, according to people familiar with the matter. PSA put the stake sale on hold after potential valuations were lower than expected, as shipping activity ...

The winning streak of our stock-picking AI, Deep Deep, continues. Since its inception on Oct 17, Deep Deep’s portfolio has returned 22.55%, winning all the competitors’ portfolios (Berkshire Hathaway by 2.37% and Aggregate Value Fund (AVF) by 1.64%) and all the competing benchmarks.Over the past...

DBS Group Research’s team of analysts have identified several Singapore Exchange (SGX)-listed counters which include REITs and semiconductor (semicon) stocks as their top picks in April. The team’s selections are based on the refocus on the reopening and recovery of China and Hong Kong as well a...

Hutchison Ports, a subsidiary of Hong Kong-listed CK Hutchison Holdings and an affiliate of Mainboard-listed Hutchison Port Holdings Trust, has invested US$700 million ($945.5 million) into two port projects in Egypt. This brings the global port operator’s total investment in Egypt to over US$1.5 ...

Against the backdrop of slowing global growth and “higher-for-longer” rates, investors can seek shelter in stocks with decent earnings or dividend cushions or both, says DBS Group Research analyst Yeo Kee Yan.As at March 9, the US Federal Funds futures are pricing in a 69% chance for 50 basis po...

Chinese state-owned conglomerates China Merchants Group and China Cosco Shipping Corp. are among the firms expressing interest in PSA International Pte’s minority stake in the ports business of Hong Kong’s CK Hutchison Holdings Ltd., according to people familiar with the matter.PSA is seeking ab...

CHINESE state-owned conglomerates China Merchants Group and China Cosco Shipping are among the firms expressing interest in PSA International’s minority stake in the ports business of Hong Kong’s CK Hutchison Holdings, according to people familiar with the matter.

Hutchison Port Holdings Trust (HPHT) has just released its FY2022 ended December 2022 results, which saw distribution per unit (DPU) unchanged from the previous year at 14.5 cents.Earnings however was down by 37.1% y-o-y at HK$1.10 billion ($185.7 million), causing earnings per unit to decline by 37...