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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 45.45 HKD | +1.68% |
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+5.45% | +0.44% |
| Apr. 25 | Hong Kong's CK Group to buy Northern Ireland natgas distributor for $945 mln | RE |
| Apr. 25 | Hong Kong's CK Group to buy Northern Ireland's natural gas operator Phoenix Energy | RE |
CK Infrastructure Holdings Limited (SEHK:1038) (CKI) may cut its stake in Power Assets Holdings Limited (SEHK:6) (PAH). CKI holdings has decided to sell 2.05% stake in PAH at $52.9 per share, expecting to complete the deal on January 14, 2019. JPMorgan Chase & Co.
(NYSE:JPM) projected CKI to cash in about $2.3 billion, thus holding nearly 36% of PAH's shares. CKI may dispose more PAH's shares to boost capital for overseas M&A's when needed, stressing the latter's price in the near term.
| 1st Jan change | Capi. | |
|---|---|---|
| +0.44% | 12.16B | |
| +10.14% | 137B | |
| +6.06% | 80.83B | |
| -3.45% | 77.52B | |
| +2.05% | 76.34B | |
| -9.96% | 66.08B | |
| +60.84% | 58.66B | |
| +6.94% | 45.48B | |
| +8.45% | 42.91B | |
| 0.00% | 39.77B |
POWER ASSETS HOLDINGS LTD. 
