Li Ka-shing's CK Group empire accelerates pivot to Europe
HONG KONG -- Cheung Kong Group, the business empire established by Hong Kong tycoon Li Ka-shing, is deepening its presence in Europe, in effect reducing its reliance on its home city and mainland China.
CK Infrastructure Holdings, one of the group's Hong Kong-listed arms, announced close to midnight on Wednesday that it had made a successful application for a secondary listing on the London Stock Exchange. Trading there is due to begin Monday under the ticker symbol "CKI."