Hong Kong's CK Infrastructure applies for UK listing
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HONG KONG’S CK Infrastructure Holdings said on Wednesday (Aug 14) that it had applied for a secondary listing on the London Stock Exchange.
The company, a part of the conglomerate CK Hutchison, said it expects its admission to occur on the LSE on Aug 19.
“The company believes that a listing in London ... will benefit its geographically diverse shareholder base and will assist in building the company’s profile and provide a greater market for trading in the shares,” it said.
The United Kingdom forms the billionaire Li Ka-shing-owned firm’s largest market, accounting for about 36 per cent of its earnings in 2023.
CK Infrastructure had earlier reported a 2 per cent rise in its half-yearly earnings and announced a deal to buy onshore wind farms in the UK. REUTERS
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