Li Ka-Shing Family to Boost Stake in CK Asset to 41%
CK Asset Holdings, one of the listed flagships of Hong Kong’s richest billionaire Li Ka-shing, plans to spend an additional HK$2.4 billion (US$309 million) to boost its stock buyback programme and restore the family’s stake in the group.
NEXT DIVIDEND COMING SOON IN JUNE /JULY AFTER RESULT
Sharpshooter post=25719CONTAINER VOLUME AT 8 MAJOR PORTS IN CHINA CONTINUES TO SURGE IN APRIL 2021
Export container volume increased 15.6% while the domestic volume increased 10.5% in early April. Among which, the port of Xiamen and Shenzhen posted a growth rate of over 30%.
THE MORE COVID CASES AND LOCKDOWNS / STAY HOME NOTICE .... WILL PROPEL EVEN HIGHER ECOMMERCE AND ONLINE SHOPPING AND THEREFORE MORE PURCHASES FROM CHINA
China’s major ports reported growth in container throughput in mid-April, data from an industrial association shows.From April 11 to 20, container throughput at China’s eight key ports increased 17.8 percent year on year, according to the China Ports and Harbours Association. Specifically, the container throughput for foreign trade rose 22.3 percent from a year earlier during the same period. The growth rate of container throughput at Ningbo Zhoushan port exceeded 30 percent in mid-April, while that of Shanghai, Xiamen and Shenzhen ports exceeded 20 percent, said the association.
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