Xin Lang Cai Jing·2026-02-26 07:06Core Viewpoint - Li Ka-shing's CK Group has announced the sale of its 100% stake in UK Power Networks Holdings Limited for over HKD 110 billion, aiming to realize significant accounting gains and utilize the cash for future investments and acquisitions [1] Group 1: Sale Details - The sale involves three companies under Li Ka-shing's CK Group: Cheung Kong Infrastructure Holdings, Power Assets Holdings, and CK Hutchison Holdings [1] - The agreement was made with Engie UK 2026 Limited, a subsidiary of the French utility company Engie [1] Group 2: Financial Impact - The transaction is expected to generate substantial accounting profits for the involved companies [1] - The cash proceeds from the sale will be allocated for future investments and acquisitions [1] Group 3: Market Reaction - Following the announcement, Cheung Kong Infrastructure's stock rose by 1.95%, Power Assets Holdings increased by 2.12%, and CK Hutchison Holdings saw a rise of 2.87% [1] Group 4: Historical Context - CK Hutchison Holdings is noted as the largest single overseas investor in the UK, with total investments exceeding RMB 255.5 billion across various sectors including water, telecommunications, rail vehicle leasing, ports, airports, real estate, and financial markets [1]