Li Ka-shing’s CK Hutchison denies suspending AS Watson listing plan

CK Hutchison Holdings, the major business vehicle of the family of billionaire Li Ka-shing, denied the reported suspension of a listing plan for its retail business amid cooling enthusiasm for initial public offerings (IPOs) in Hong Kong. “Strategic explorations and evaluations and related preparations are continuing,” the conglomerate, valued at HK$266 billion (US$34 billion), said in an exchange