Victor Li’s CKI Considers London Among Second Listing Venues
- UK just rolled out new listing rules to attract more firms
- HSBC is working with CKI on the potential London move
The UK’s Financial Conduct Authority on announced new rules for listings in London to try to attract more companies.
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CK Infrastructure Holdings Ltd., backed by Hong Kong tycoon Victor Li, is considering a second listing on an overseas stock exchange such as London’s, potentially becoming the first company to take advantage of new listing rules in the British capital.
An additional listing could “provide a greater market” for trading in its shares, Hong Kong-listed CKI said in a stock exchange filing on Thursday. No definitive decision has been made on whether to proceed with such a listing, which would be without any fundraising, it added.