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Cheung Kong Property rises 5.9% on debut day

Hong Kong

CHEUNG Kong Property Holdings closed at HK$74.10 on its first trading day in Hong Kong after being spun off from billionaire Li Ka-shing's conglomerate.

That's 5.9 per cent higher than the opening price of HK$70 and compares with a target price of HK$88 set by Deutsche

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