The company, a part of conglomerate CK Hutchison and Hong Kong tycoon Li Ka-shing's business empire, said its admission prospectus was approved by the United Kingdom's Financial Conduct Authority, and expects its shares to start trading on the London Stock Exchange 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," CK Infrastructure said in a statement.
Hong Kong’s Li Ka-shing has bought a portfolio of 32 onshore wind farms for £350m in a deal that will tighten the billionaire’s grip on Britain’s energy market.
(Bloomberg) -- A consortium led by CK Infrastructure Holdings Ltd. agreed to buy a portfolio of wind farms in the UK from Aviva Plc’s asset-management arm as the conglomerate backed by Hong Kong tycoon Victor Li considers London among second listing venues.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionManchester Is Giving London a Run for Its MoneyIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financi