Cheung Kong Is `Very Solid' Company, Citic Says

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Aug. 3 (Bloomberg) -- Adrian Ngan, a Hong Kong-based analyst at Citic Securities International Co., talks about the city's real estate market and the business outlook for Cheung Kong (Holdings) Ltd. Cheung Kong, the Hong Kong developer controlled by billionaire Li Ka-shing, posted first-half profit that beat analyst estimates as rental income and the value of its investment properties increased. Ngan speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)