CK Infrastructure considers secondary listing in London

CK Infrastructure Holdings, part of Hong Kong billionaire Li Ka-shing’s business empire, is considering a secondary listing in London as the City prepares for a loosening of market rules.

The infrastructure group told the Hong Kong stock exchange that a “potential second and additional listing” on an overseas exchange “such as the London Stock Exchange” could help diversify its shareholder base and enhance its profile, as well as providing a broader market for trading of its shares.

CK Infrastructure said it had not made “any definitive decision” as to whether to proceed with the idea but it will be seen by some as a potential boost for the new Labour government as well as the Financial Conduct Authority, coming a day after the regulator said