Hong Kong's CK Infrastructure applies for UK listing (updated)

CK Infrastructure Holdings

14/08/2024 16:12

(Adds listing details, background from paragraph 2)
       Aug 14 (Reuters) - Hong Kong's CK Infrastructure
Holdings  1038.HK  said on Wednesday that it had applied for a
secondary listing on the London Stock Exchange.
    The company, a part of the conglomerate CK Hutchison
 0001.HK , 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%
of its earnings in 2023.
  
        CK Infrastructure had earlier 
    reported
     a 2% rise in its half-yearly earnings and 
    announced
     a deal to buy onshore wind farms in the UK.
  

 (Reporting by Aaditya Govind Rao in Bengaluru; Editing by Maju
Samuel)
 ((Aaditya.GovindRao@thomsonreuters.com;))