Property News · March 19, 2018

Shares of tycoon Li Ka-shing’s companies slip as Hong Kong’s ‘Superman’ hangs up his cape


Shares in Hong Kong tycoon Li Ka-shing’s two listed flagship companies fell on Monday after the city’s richest man announced his retirement from his position as chairman, but analysts saw the overall reaction as muted as they expected continuity in leadership.
Conglomerate CK Hutchison Holdings fell 1.87 per cent, or HK$1.85, to HK$97.05 while property developer CK Asset Holdings, closed down 0.57 per cent at HK$69.60, after falling as much as 2.5 per cent in morning trade. Shares…

Source : South China Morning Post
Read more…Shares of tycoon Li Ka-shing’s companies slip as Hong Kong’s ‘Superman’ hangs up his cape

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