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26.02.26 - 05:15
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Midday Takeaway: HSI Closes Midday at 26,656, Down 109 pts; HSTI Closes Midday at 5,171, Down 89 pts; PING AN Down over 3%; CKI HOLDINGS, POWER ASSETS, BOC HONG KONG, HSBC HOLDINGS, TINGYI Hit New Highs (AAStocks)
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At midday close, HSI dropped 109 pts or 0.4% to 26,656. HSTI dropped 89 pts or 1.7% to 5,171. HSCEI fell 117 pts or 1.3% to 8,917.Active Heavyweights:PING AN (02318.HK) closed at $69, down 3%BABA (09988.HK) closed at $145.2, down 2.1%MEITUAN (03690.HK) closed at $81.45, down 1.5%HKEX (00388.HK) closed at $409, down 0.8%TENCENT (......
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26.02.26 - 01:42
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CK group agrees to sell UK electricity operator for US$14.2 billion (SCMP)
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A consortium comprising CK Infrastructure Holdings, CK Asset Holdings and Power Assets Holdings has agreed to sell all of its interest in UK Power Networks to French multinational electric utility Engie in a deal worth £10.5 billion (US$14.2 billion).
The disposal, under an agreement signed on Wednesday, will enable the group to monetise its investment at an attractive valuation, delivering a significant accounting gain and cash proceeds for future investments or acquisitions, the group of......
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