Exclusive: Temasek's PSA evaluates multi-billion dollar exit from Hutchison Ports-sources [Reuters]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
NASDAQ:AMEX Investor Relations:
ckh.com.hk/en/ir
Company Research
Source: Reuters
SINGAPORE, Dec 9 (Reuters) - Port operator PSA International, fully owned by Singapore state investor Temasek Holdings, is considering selling its multi-billion dollar, 20% stake in the ports business of CK Hutchison Holdings (0001.HK) , two sources familiar with the matter told Reuters. PSA, the world's second-biggest container terminal operator, whose global network encompasses 160 locations in 42 countries, had acquired the stake in the Hong Kong-based conglomerate's ports business for $4.4 billion in 2006. PSA was not immediately able to provide comment to a Reuters query. Both Temasek and CK Hutchison, the conglomerate of retired billionaire Li Ka-shing, declined to comment. PSA is in the early stages of evaluating an exit from CK Hutchison's ports business and some potential bidders have been tapped, said the sources, who did not want to be identified due to the sensitivity of the matter. Reuters was not immediately able to ascertain the estimated valuation of PSA's sta
Show less
Read more
Impact Snapshot
Event Time:
CKHUY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CKHUY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CKHUY alerts
High impacting CK HUTCH HLD LTD UNSP/ADR news events
Weekly update
A roundup of the hottest topics
CKHUY
News
- Nvidia plans to build a $200 million AI center in Indonesia amid push into Southeast Asia [CNBC]CNBC
- CK Hutchison: Stock Seems Cheap, But Could Be A Value Trap [Seeking Alpha]Seeking Alpha
- Hong Kong Tycoons Struggle in Retail as Residents Flock to China [BNN Bloomberg (Canada)]BNN Bloomberg
- CK Hutchison's Profit Drops as Inflation Rises, Trade Slows [BNN Bloomberg (Canada)]BNN Bloomberg
- CK Hutchison Warns Growth Risks Building After Profit Drops [Financial Post (Toronto, Ontario, Canada)]Financial Post