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CKH HOLDINGS Opens 2.19% Higher to 4.5Yrs+ High, Reportedly Eyes USD30B Valuation for A.S. Watson IPO
Recommend 17 Positive 35 Negative 15 |
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CKH HOLDINGS (00001.HK) has seen ascension for seven consecutive trading days. Today, it opened 2.19% higher at HKD60.75, notching a four-and-a-half-year high. During the pre-market session, 687,500 shares were traded, involving approximately HKD41.7656 million. CKH is seeking to arrange for its retail subsidiary, A.S. Watson Group, to be listed in Hong Kong and London, with the completion as soon as the second quarter, Reuters reported, citing two people with the knowledge of the matter. The target IPO valuation is USD30 billion (approximately HKD234 billion). AASTOCKS Financial News Website: www.aastocks.com |
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