
CKH Holdings opened up 2.19%, reaching a four-and-a-half-year high, reportedly aiming for a valuation of USD 30 billion for the Watsons listing
CK Hutchison Holdings (00001.HK) has risen for seven consecutive trading days. Today, it opened up 2.19% at HKD 60.75, reaching a four-and-a-half-year high. In the pre-market session, 687,500 shares were traded, involving HKD 41.7656 million.
According to Reuters, citing two informed sources, CK Hutchison is seeking to arrange for its retail subsidiary, Watsons Group, to be listed in Hong Kong and London, with the earliest completion in the second quarter, targeting an IPO valuation of USD 30 billion (approximately HKD 234 billion)
