CK Hutchison Focuses on Investment in Stable Legal Environments

CK Hutchison Chairman Victor Li stated during an online performance meeting that after selling UK assets, the company will continue to focus on investing in countries that respect contractual agreements and have robust legal systems to protect investments. According to RTHK, Li emphasized the importance of projects with long-term stable cash flows and expressed interest in investing in such opportunities. The group has fully divested its stake in UK Power Networks, and CK Infrastructure has completed the sale of a 70% stake in UK Rails. Li did not directly address whether a special dividend would be issued, noting that the group's financial position is strong and there is no pressure to sell any assets. CK Hutchison's Co-Managing Director and Chief Financial Officer Frank Sixt mentioned that the board has not made any decisions regarding transactions in the company's global telecommunications business. He highlighted that the group has received various proposals and will explore and assess all potential opportunities. Additionally, when asked about the possibility of a dual listing for Watsons, the group stated that no decision has been made regarding such a transaction.