Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now HKSE - Delayed Quote • HKD CK ASSET (1113.HK) Follow Compare 35.350 -0.050 (-0.14%) As of 1:07:18 PM GMT+8. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Hong Kong's CK Asset, others indicate interest in properties linked to Vietnam bank fraud Hong Kong developer CK Asset Holdings and some other foreign investors have expressed interest in properties worth billions of dollars linked to Vietnam's biggest financial fraud, letters written to a court showed. Prosecutors in the Communist-ruled country have accused real estate tycoon Truong My Lan of being the architect of a scheme of loans to shell companies that siphoned off 304 trillion dong (about $12 billion) from one of the country's largest private banks by assets, Saigon Joint Stock Commercial Bank (SCB), which Lan effectively controlled through proxies. SCB was bailed out by the central bank in late 2022 after a run on deposits spurred by Lan's arrest, and since then Vietnamese authorities have sought foreign investors' interest in the lender. CK Group's Li says Hong Kong needs to safeguard financial hub status The Hong Kong government needs to protect the city's international financial hub status after years of upheaval, chairman of conglomerate CK Group Victor Li said on Thursday. Li was speaking after his property company CK Asset, one of Hong Kong's biggest developers, reported a 10% decline in net profit from continuing operations last year. Asked about his views on the city's economy at an earnings conference, Li said - after a sigh - that the people of Hong Kong had gone through several stress tests since 2019, when the city was roiled by anti-government protests, followed by the pandemic and now a struggling economy. Performance Overview Trailing total returns as of 3/11/2025, which may include dividends or other distributions. Benchmark is HANG SENG INDEX Return 1113.HK HANG SENG INDEX YTD +11.51% +17.27% 1-Year +2.70% +41.81% 3-Year -20.01% +14.45%