Sou Hu Cai Jing·2026-02-27 10:44Core Viewpoint - Li Ka-shing's family has completed a significant divestment by selling 100% of their stake in UK Power Networks, resulting in approximately 110 billion HKD in cash [1][4]. Group 1: Transaction Details - The sale involves three companies under Li's family: Cheung Kong Infrastructure, Power Assets Holdings, and CK Hutchison Holdings [1]. - Cheung Kong Infrastructure sold a 40% stake and, along with shareholder loans to UK Power Networks, will receive 44.3 billion HKD in cash [1]. - The total cash received from the transaction is estimated to be around 110 billion HKD [1]. Group 2: Historical Context and Financial Performance - In 2010, Li's group acquired UK Power Networks for 25.53 billion GBP, which serves approximately 8.5 million households and businesses across London and the southeast of England [4][6]. - As of March 2025, UK Power Networks is projected to have net assets of 58.6 billion HKD and is expected to generate a pre-tax profit of 12.07 billion HKD for the fiscal year 2024-2025 [6]. - The investment in UK Power Networks has yielded a return exceeding 500%, including 4.4 billion GBP in shareholder dividends [6]. Group 3: Current Status and Future Outlook - Li Ka-shing's family remains financially robust, ranking first in Hong Kong's wealth list with a net worth of approximately 352.5 billion HKD, as reported by Forbes [9]. - The family has seen a significant increase in wealth, gaining 60 billion HKD over the past year, indicating strong performance in the Hong Kong capital market [12]. - Li's son, Li Zeju, expressed intentions to continue seeking investment and development opportunities, highlighting the family's ongoing strategic focus [8].