Back    Zoom +    Zoom -
CKH Series Shrs Escalate; CKH HOLDINGS Mounts 3% as CKI HOLDINGS-led Consortium to Sell UKPN
Recommend
13
Positive
26
Negative
19
CKI HOLDINGS (01038.HK), CKH HOLDINGS (00001.HK), POWER ASSETS (00006.HK) and CK ASSET (01113.HK) jointly announced that the CKI HOLDINGS-led consortium reached an agreement with Engie Group to sell 100% of stake in UK Power Networks (UKPN). The enterprise value of the sale is GBP16.838 billion (approx. $176.8 billion).

CKH series stocks inclined this morning (26th). CKH HOLDINGS peaked at $64.3, and mounted 3.06% to last at $63.9, with 4.9928 million shares traded, involving $314 million. CK ASSET last printed at $47.88, up 2.66%, while POWER ASSETS last printed at $62.65, jumping up 2.2%. CKI HOLDINGS last printed at $65.7, up 2.5%.

Related NewsHSBC Research Selects CKI HOLDINGS as Top Pick; HK Utilities Sector Outpaces HSI

AASTOCKS Financial News
Website: www.aastocks.com