UK investors who rue the departure of Civitas Social Housing from the UK stock market last year can now gain indirect exposure as the Hong Kong company behind its acquirer has listed on the London Stock Exchange.
CK Infrastructure (CKI), a £12.9bn company that is part of the Hong Kong-based CK Hutchison conglomerate founded by billionaire Li Ka-shing, began trading in a secondary listing on Monday. The company is chaired by the 96-year-old’s elder son Victor Li.
The shares opened at 573p and have drifted down to 564p.