Li Ka-shing has cut the size of the planned listing of Hong Kong’s electricity distributor by more than $1bn after the initial marketing phase met with weaker than expected demand.
李嘉诚(Li Ka-shing)已将旗下香港供电企业计划中的上市的规模削减逾10亿美元，原因是在初步营销阶段发现需求弱于预期。
Power Assets Holdings, the utility that is an affiliate of the Hong Kong billionaire’s broader Cheung Kong empire, had hoped to raise up to $5.7bn with the listing of up to 70 per cent of Hong Kong Electric, a specially created trust.
电能实业(Power Assets Holdings)是这名香港亿万富豪旗下的商业帝国长江实业(Cheung Kong)的成员公司。该公司本来希望以专门设立的信托上市香港电灯(Hong Kong Electric)至多70%的股份，筹集至多57亿美元。
The company will now look to list 50.1 per cent of the trust, plus up to another 7.5 per cent if there is enough demand for an overallotment option, which at the higher end of the price range could raise up to $4.1bn before fees.
该公司现在的目标是将信托50.1%的股份上市（如果有足够的需求、要行使超额配售权，则再发售至多7.5%的股份），按定价区间高端计算，有望筹集41亿美元（扣除费用之前）。