So what benefits does the radical makeover offer shareholders? Barclays analyst Paul Louie points not only to higher dividends, but also the elimination of some of the holding company discount that had seen Cheung Kong trade at a discount to the value of its individual businesses. A less complex cor
Date: Jan 12, 2015
Category: Business
Source: Google
Cheung Kong's First-Half Profit Almost Triples on Hutchison, Unit Spinoffs
Property sales were significantly higher than weexpected, said Paul Louie, a Hong Kong-based analyst at NomuraInternational Hong Kong Ltd. Overall the results continue tohighlight this is a business which is turning out strongearnings and strong cash flows.