Huan Qiu Lao Hu Cai Jing·2026-02-26 03:22Group 1 - The core point of the article is that Li Ka-shing's Cheung Kong Group has agreed to sell its 100% stake in UK Power Networks Holdings Limited to Engie UK 2026 Limited for approximately £10.548 billion, which is over HKD 110 billion, with the transaction being fully cash-based [1][2] - Cheung Kong Infrastructure and Power Assets Holdings each hold 40% of UK Power Networks, corresponding to a transaction value of approximately £4.219 billion (about HKD 44.3 billion) each, while CK Hutchison Holdings holds 20%, corresponding to approximately £2.11 billion (about HKD 22.15 billion) [1][2] - The rationale behind the transaction is to optimize global asset allocation and to recover significant capital to support future business development and shareholder returns [1] Group 2 - The three companies involved in the sale are core operational platforms of the Cheung Kong Group, each focusing on different sectors: Cheung Kong Infrastructure on global energy infrastructure and transportation, Power Assets on electricity production and related investments, and CK Hutchison on real estate development and property investment [2] - UK Power Networks is a leading distribution network operator in the UK, serving approximately 8.5 million households and businesses, and is a key component of the UK's energy infrastructure [2] - For the fiscal year ending March 31, 2025, UK Power Networks is projected to have a pre-tax profit of approximately £1.149 billion (about HKD 12.179 billion), representing a year-on-year increase of 146.04%, and a post-tax profit of approximately £0.853 billion (about HKD 9.042 billion), reflecting a year-on-year increase of 173.4% [2]