|Bid||82.650 x 0|
|Ask||82.750 x 0|
|Day's Range||82.600 - 83.600|
|52 Week Range||80.600 - 108.900|
|PE Ratio (TTM)||9.08|
|Earnings Date||Aug 2, 2018|
|Forward Dividend & Yield||2.85 (3.34%)|
|1y Target Est||123.39|
BRUSSELS, July 13 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Irish carrier Ryanair to acquire ...
HONG KONG, July 6 (Reuters) - COSCO Shipping Holdings Co Ltd plans to sell HK$7.43 billion ($947 million) worth of Orient Overseas International Ltd's (OOIL) shares to CK Hutchison Holdings Ltd and others, ...
AMSTERDAM/HONG KONG (Reuters) - Veon (VON.AS) will sell out of Italian mobile network Wind Tre for 2.45 billion euros (2.16 billion pounds)in an exit from Western Europe the Amsterdam-based firm says will help it cut debt and focus on emerging markets. The loss-making telecoms group, which was formerly known as VimpelCom and has operations in Russia and emerging markets, said on Tuesday it had agreed to sell its stake in Wind Tre to partner CK Hutchison . Shares in Veon, which has been cutting jobs and struggling with more than 10 billion euros of long-term debt, rose 17 percent to 2.56 euros at 1250 GMT, although they remain down by around 19 percent so far this year.
CK Hutchison has agreed to pay €2.45 billion for the remaining 50% stake in Italy’s mobile operator Wind it doesn’t already own.
July 3 (Reuters) - Veon Ltd: * VEON ANNOUNCES TWO MAJOR TRANSACTIONS AND SETS IMMEDIATE STRATEGIC PRIORITIES * COMPANY HAS ENTERED INTO AN AGREEMENT WITH CK HUTCHISON HOLDINGS LTD FOR SALE OF ITS 50% STAKE ...
CK Hutchison Holdings Ltd. agreed to buy out its partner Veon Ltd. to take full control of their Italian mobile-phone joint venture for 2.45 billion euros ($2.9 billion) in cash, marking Chairman Victor Li’s third major deal in the two months since he took over as head of the Hong Kong conglomerate. Veon, the wireless carrier formerly known as VimpelCom, will sell its 50 percent stake in closely held Wind Tre SpA to CK, the companies said in statements on Tuesday. The deal, subject to European Union and Italian regulatory approvals, is expected to be completed in the third quarter or early in the fourth quarter, according to Veon.
July 3 (Reuters) - CK Hutchison Holdings Ltd: * ACQUISITION OF VEON'S ENTIRE INTEREST IN VIP-CKH LUXEMBOURG S.A R.L. AND VIP-CKH IRELAND LIMITED * DEAL FOR EUR2.45 BILLION * HET AND HET LUXCO AND COMPANY ...
A venture owned partly by China fintech firm Ant Financial launched on Monday a blockchain-powered cash remittance service between Hong Kong and the Philippines, an initiative the territory hopes will improve its fintech reputation. AlipayHK, the Hong Kong-based joint venture of Ant [ANTFIN.UL] and conglomerate CK Hutchison Holdings, will allow real-time transfers of cash between individuals in Hong Kong and the Philippines, in a digital wallet service Alipay said was the first of its kind globally. The launch comes at a time when Hong Kong, a city often criticized for lagging behind mainland China and Singapore when it comes to financial technology, or fintech, is trying to turn that reputation around.
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. CK Hutchison Holdings Limited (HKG:1) has returned toRead More...
HONG KONG, June 15 (Reuters) - Hong Kong tycoon Victor Li has bought a London office tower for 1 billion pounds ($1.3 billion) as he expands his overseas portfolio after taking over the business empire ...
MELBOURNE, Australia—Victor Li, the new chairman of Hong Kong’s CK Infrastructure Holdings Ltd., moved to expand the empire built by his billionaire father, Li Ka-shing, by offering more than $9 billion for Australian pipeline operator APA Group. The elder Mr. Li was known to be a fan of buying assets that offered stable returns and the APA bid shows the younger Mr. Li is continuing that strategy. It also demonstrates that Victor Li is committed to expanding an empire that includes ports and property businesses in China, electric utilities in Australia and mobile phone networks in the U.K. Li Ka-shing retired last month.
Over 68 years, Li Ka-shing assembled an enormous Hong Kong–based empire. Now, with the reins having passed to his son, Victor Li, a big chunk of it is languishing on the stock market. Known as “superman” in Hong Kong, Li Ka-shing, 89, became one of the Asia’s wealthiest men with an estimated net worth of $34 billion.
Important news for shareholders and potential investors in CK Hutchison Holdings Limited (SEHK:1): The dividend payment of HK$2.07 per share will be distributed into shareholder on 31 May 2018, andRead More...
May 10 (Reuters) - CK Hutchison Holdings Ltd: * APPOINTS LI TZAR KUOI, VICTOR AS CHAIRMAN Source text for Eikon: Further company coverage:
Hong Kong's richest man, Li Ka-shing, held his last meeting with shareholders on Thursday and handed to his eldest son the keys to his $35.3 billion (26 billion pounds) empire, bringing to a close a rags-to-riches story that made him an icon in the financial hub. At the AGMs for his flagship firm CK Hutchison Holdings and property arm CK Asset Holdings (1113.HK), the 89-year-old Li engaged with shareholders in his usual idiosyncratic manner, before handing off formally to Victor Li. "I will still go to the office tomorrow," Li told reporters after the AGMs that lasted several hours, explaining he would continue to work on his charitable foundation.
May 3 (Reuters) - CK Hutchison Holdings Ltd: * FORMS GLOBAL STRATEGIC ALLIANCE WITH XIAOMI; BRINGS XIAOMI PRODUCTS TO CK HUTCHISON TELECOM & RETAIL DIVISIONS * ALLIANCE WITH XIAOMI WILL BROADEN PRODUCT ...
April 26 (Reuters) - CK Hutchison Holdings Ltd * SAYS CK HUTCHISON GROUP ENTERS INTO AGREEMENT WITH EMIRATES TELECOMMUNICATIONS GROUP COMPANY PJSC (ETISALAT GROUP) TO MERGE THEIR MOBILE TELECOMMUNICATIONS ...
April 13 (Reuters) - UK's Ofcom * TELEFÓNICA UK LIMITED HAS BEEN ALLOCATED SPECTRUM FREQUENCIES 2350 - 2390 MHZ * THERE WERE NO ASSIGNMENT STAGE BIDS FOR 3.4 GHZ FREQUENCIES AWARDED TO TELEFÓNICA UK LIMITED ...
April 12 (Reuters) - Uk's Ofcom: * BUSINESS CONNECTIVITY MARKETS STATEMENT ON DARK FIBRE * COS LIKELY TO PURCHASE DARK FIBRE (TALKTALK, THREE, VODAFONE) SAID SERVICE AT HIGHER BANDWIDTHS WOULD BE SIGNIFICANTLY ...
Investing.com – Asian equities were mixed in afternoon trade on Monday. Personnel changes in China’s government and the People’s Bank of China (PBOC) gathered attention as Yi Gang, a vice governor of the PBOC, has been nominated to replace Zhou Xiaochuan as the head of the Chinese central bank, according to parliament delegates. Investors’ focus now turns to Jerome Powell’s first meeting as chairman at the Federal Reserve on Wednesday.
Investing.com – Asian equities were mixed in morning trade on Monday. Personnel changes in China’s government and the People’s Bank of China (PBOC) gathered attention as Yi Gang, a vice governor of the PBOC, has been nominated to replace Zhou Xiaochuan as the head of the Chinese central bank, according to parliament delegates. Investors’ focus now turns to Jerome Powell’s first meeting as chairman at the Federal Reserve on Wednesday.