|Bid||8.23 x 100000|
|Ask||8.43 x 100000|
|Day's Range||8.19 - 8.19|
|52 Week Range||7.35 - 9.82|
|Beta (3Y Monthly)||0.54|
|PE Ratio (TTM)||6.66|
|Forward Dividend & Yield||0.36 (4.25%)|
|1y Target Est||N/A|
The Hong Kong property developer founded by Li Ka-shing is CK Asset Holdings, rather than CK Hutchison Holdings as incorrectly stated in an article on October 7. Copyright © 2015 The Financial Times Limited. ...
KUALA LUMPUR/SINGAPORE, Oct 1 (Reuters) - Under pressure to deliver cash to shareholders after a merger with Norway's Telenor collapsed, Malaysia's Axiata has changed tack: It is now in talks to offload stakes in units and will no longer entertain a group-level deal, sources told Reuters. The strategy's success is crucial for the telecoms firm - majority-owned by sovereign wealth fund Khazanah Nasional Bhd and other state-linked funds - as it faces margin-destroying competition across Southeast Asia, huge investment in fifth-generation (5G) networks https://www.reuters.com/article/us-telecoms-5g-malaysia/malaysias-5g-plan-a-potential-boon-for-chinas-huawei-idUSKBN1W90RD and cash-hungry investors. Axiata Group Bhd and Telenor ASA in May began talks for a non-cash deal to create Southeast Asia's largest telecoms operator with 300 million subscribers.
Biotech company Hutchison China MediTech, known as Chi-Med, has filed for a Hong Kong listing, which four sources close to the matter said could raise up to $500 million. Chi-Med, which is already listed on the London Stock Exchange and the Nasdaq in New York, filed its listing application with the Hong Kong stock exchange on Monday. "We are delighted to announce our proposed Hong Kong listing and global offering of shares," said Simon To, Chairman of Chi-Med, which is 60.2 percent owned by CK Hutchison.
CK Hutchison Holdings Ltd , the ports-to-telecoms arm of retired billionaire Li Ka-shing, said it does not feel Chinese companies are being barred from M&A opportunities in the global markets, even though its bid in Australia was blocked. In November, CK Group terminated an $9.5 billion agreement to acquire Australia's biggest gas pipeline company APA Group after Australia blocked the takeover bid, citing national interest. Hong Kong is our root, but in other global markets we don't see any rejection," group chairman Victor Li told an earnings conference.
CK Hutchison Holdings Ltd , the ports-to-telecoms arm of retired billionaire Li Ka-shing, said on Thursday it would support Temasek Holdings' plans to offload a part of its stake in beauty and health retailer A.S. Watson. CK Hutchison is not considering to sell its stake in A.S. Watson, the company said. Singapore state investor Temasek is in talks to sell a small portion of its 24.9 percent stake in A.S. Watson, a source said in January.
HONG KONG, March 21 (Reuters) - CK Hutchison Holdings Ltd , the ports-to-telecoms arm of retired billionaire Li Ka-shing, on Thursday posted an 11 percent rise in full-year profit, as stable growth in ...
Temasek Holdings Pte is considering selling part of the 25 percent stake it holds in A.S. Watson & Co., Vinicy Chan and Elffie Chew of Bloomberg News reported Monday, citing people with knowledge of the matter. It paid HK$44 billion ($5.6 billion) to acquire its interest in 2014 from Hong Kong-based CK Hutchison Holdings Ltd., which remains the controlling shareholder. It’s hardly surprising that Temasek is seeking a partial exit.
Singapore state investor Temasek Holdings is in talks to sell a small portion of its 24.9 percent stake in beauty and health retailer A.S. Watson, part of conglomerate CK Hutchison Holdings Ltd, a source said. Temasek invested about $5.7 billion in the company in 2014, in a move that boosted its exposure to Asia's fast consumer business. The Singapore investor is looking to sell a minority stake in the retailer as part of its regular shuffling of its portfolio and is working with an adviser, said one person with knowledge of the process.
Victor Li, 54, sits atop a global empire spanning telecom, ports, real estate, retail and energy that was built by his father, the legendary Hong Kong billionaire Li Ka-shing. Seven months after taking over from CK Group’s 90-year-old founder, the younger Li must confront a more protectionist landscape that poses a threat to its strategy of diversifying away from its home city and China. The core of the Stanford University-educated engineer’s problem is this: Being a Hong Kong company no longer shields CK from a backlash against Chinese expansion.That became clear last month when Australia blocked CK’s $9.5 billion bid for gas pipeline operator APA Group on national-security grounds.
Dec 4 (Reuters) - EMIRATES TELECOMMUNICATIONS GROUP CO : * ETISALAT GROUP AND CK HUTCHISON COMPLETE COMBINATION OF THEIR OPERATIONS IN SRI LANKA * SAYS ETISALAT GROUP HAS 15 PERCENT OWNERSHIP WHILE CKHH ...
Victor Li, who took over from his father (and Hong Kong’s most famous billionaire) Li Ka-shing in May, is looking into listing some of the U.K. assets held by CK Infrastructure Holdings Ltd., Bloomberg News reports. The listing, probably through a new vehicle, could include a power network purchased from Electricite de France SA eight years ago and Northumbrian Water Group Ltd. Raising money would be handy for the whole Li empire, not just the unit spinning off assets. Acquisitions have taken a toll on debt levels at CK Infrastructure, which is 76 percent-owned by the flagship CK Hutchison Holdings Ltd.