CK Hutchison seeks $30 billion valuation for retail unit's Q2 IPO, sources say

Core Viewpoint - CK Hutchison Holdings Ltd is aiming for a valuation of approximately $30 billion for its retail unit A.S. Watson Group's listings in Hong Kong and London, potentially occurring as early as the second quarter [1] Company Summary - CK Hutchison Holdings Ltd is a Hong Kong conglomerate that is planning to list its retail unit A.S. Watson Group [1] - The targeted valuation for A.S. Watson Group is around $30 billion [1] Industry Summary - The listings are expected to take place in both Hong Kong and London [1] - The timeline for the listings is projected for the second quarter of the year [1]