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HK Electric Investments

Hong Kong Electric

Power Assets Holdings Ltd reduces HK Electric Investments IPO size to $3.6B

Power Assets Holdings, the firm controlled by Li Ka-shing, has reduced the initial public offering size of Hong Kong's second largest power supplier, HK Electric Investments, Bloomberg reported.

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Hongkong Electric Company Ltd.

Hong Kong business magnate Li Ka-Shing's utility trust to raise $5.7 billion in IPO

Power Assets Holdings Ltd. will spin off its subsidiary Hongkong Electric Company Ltd. to HK Electric Investments, a single-investment trust. Power Assets was said to be aiming for a HK Electric Investments listing early next year to raise $5.7 billion.

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