Li Ka-shing’s CK Infrastructure considering secondary listing overseas

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The Hong Kong-listed company controlled by the city’s wealthiest family says London is one of the options for a listing that will not include raising funds

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Flags of CK Group are seen outside Cheung Kong Centre, the conglomerate’s headquarters in Central, Hong Kong. Photo: SCMP

Yuke Xiein Beijing

Published: 8:47pm, 11 Jul 2024

CK Infrastructure Holdings (CKI), part of Hong Kong tycoon Li Ka-shing’s business empire, is weighing a secondary listing overseas, with the London Stock Exchange a potential option.

A secondary listing could benefit CKI’s geographically diverse shareholder base, enhance its profile, and provide a broader market for trading its shares, the company said in a filing to the Hong Kong stock exchange on Thursday.

While no definitive decision has been made as to whether the company will proceed with such a listing, it would not entail any fundraising, the statement added.

CKI is seeking to boost its global presence, with chairman Victor Li Tzar-kuoi, the elder son of billionaire Li, saying in May that the company was “well placed to capitalise on investment opportunities as they arise around the globe, especially when the world is facing challenges”.

Victor Li, chairman of CK Infrastructure, said he is looking to boost the company’s global presence. Photo: Facebook @ John KC Lee

He also separately said in May that CKI was also on the hunt for potential opportunities in Hong Kong, provided that the returns were reasonable.