Shares in Li Ka-shing'sfirms soar on re-structuring plan.
Shares of property giant Cheung Kong Holdings, and investment holding
firm Hutchison Whampoa, surged on Monday in Hong Kong after a
restructuring announcement.
The richest person of Hong Kong anounced last friday about his two major firms. His shares in Honk Kong were as much as 14% in afternoon traing on monday, and Hutchison Whampoa's shares had surged more than 12%. Chung Kong owns both firms. The firms are "multi-national conglomerate" and is operating in more than 50 countries.
This has to do with globalisation, because the firms are multinational and they operate in more than 50 countries. This post is also about strategy, because his shares went up by 14% and 12%, which has something to with his strategy which worked.
1/4 - basic at best. This needs some work in order to show thinking of a business student. What areas of the course would you link this to? Can you explain the strategy link as I don't follow.
1/4 - basic at best. This needs some work in order to show thinking of a business student. What areas of the course would you link this to? Can you explain the strategy link as I don't follow.
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