CK Hutchison Shares Rise as Company Sells UK Power Grid Business
CK Hutchison Holdings Ltd. saw its shares increase by 2.42% in Hong Kong trading. According to Jin10, the rise follows the company's announcement of selling its UK power grid business, generating over HKD 110 billion in proceeds. The sale is part of CK Hutchison's strategic move to optimize its asset portfolio and strengthen its financial position. The transaction is expected to have a significant impact on the company's future investment plans and market performance.
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