Kunlun Energy raised HK$10.48 billion in share placement
Kunlun Energy Co. has raised HK$10.48 billion in a share placement after pricing the deal near the bottom of an indicative price range.
Hong Kong business tycoon Li Ka-shing, chairman of Cheung Kong Ltd, raised his stake in Cheung Kong to 41.50% from the previous 41.47%, according to a statement the property developer filed with the Hong Kong Stock Exchange.