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cheung kong

CKI & Power Assets acquired Portuguese windfarms

Joint venture of Li Ka-shin’s Power Assets and CK Infrastructure acquired Iberwind for HK$2.5B for expansion of energy business. UK Renewable HoldCo 1 Limited, a joint venture 50% owned by each of the Power Assets (0006.HK) and Cheung Kong Infrastructure Holdings (1038.HK), announced on 2… Continue Reading →

Li Ka-shing eyes on Portuguese wind power firm

Expanding global present in energy industries, CK Infrastructure was reported to bid a Portuguese wind power company for HK$17B. Hong Kong billionaire Li Ka-shing’s Cheung Kong Infrastructure‘s (1038.HK) is among the companies interested in buying Iberwind, Portuguese wind power supplier operates 31… Continue Reading →

Farewell to Hutchison Whampoa, delisted in HKEx

Hutchison Whampoa stopped trading on 26 May and to be delisted on 3 June while Cheung Kong Property will be listed. In the Li Ka-shing’s restructuring plan was released since January, both of his firms Cheung Kong Holdings and Hutchison Whampoa (0013.HK) will merge as CK Hutchison (0001.HK)… Continue Reading →

Li Ka Shing finalises purchase of UK train firm

Li’s business empire continued to expand overseas, Cheung Kong Infrastructure- led joint venture acquired UK’s Eversholt Rail Group for HK$29B This investment further strengthen Cheung Kong Infrastructure‘s (1038.HK) global portfolio and expand its income base, also marks a new chapter in the development of CKI’s transport… Continue Reading →

Big leap of Li Ka-shing’s business restructuring plan

Shareholder of  Cheung Kong Holdings voted for the merger proposal with Hutchison Whampoa in general meeting. In the Li’s restructuring plan was released on 9 January, both of his firms Cheung Kong Holdings (0001.HK) and Hutchison Whampoa (0013.HK) will merge and their property business will spun-off as a… Continue Reading →

Cheung Kong revamp boosts Li Ka-shing’s wealth

The shares market shows positive sign to plan of simplifying ownership structure According to Li’s plan released last Friday, the real-estate assets of Cheung Kong and Hutchison Whampoa will be carved out into a new company listed in Hong Kong,… Continue Reading →

Cheung Kong (001.HK) to Buy Out Hutchison (013.HK) in Restructuring

CK Hutchison and Cheung Kong Property Holdings – are born. The market believes that the restructuring to bring out the embedded value of both companies and create a simpler business and equity structure. For shareholders of these companies, Cheung Kong… Continue Reading →

Li Ka-shing reaches for the aviation industry

Li Ka-shing, Asia’s richest man, runs a global business spanning everything from property to energy. This venture is part of a strategy to re-shape the group’s investments outside Hong Kong, targeting stable returns in a fast-growing industry. As global air… Continue Reading →

Cheung Kong eases China fears

ARA Asset Management Limited (SGX: D1R), an Asian real estate fund management company, manages real estate investment trusts and private real estate funds, and provides real estate management and corporate finance advisory services. Some of the locally-listed REITs which are… Continue Reading →

Busy weeks for Home buyers in Hong Kong

A studio flat at Mont Vert in Tai Po is the cheapest new home available for sale in Hong Kong, at HK$1.94 million, according to the developer’s price list for the first batch of units at the project. Source: The… Continue Reading →

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