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2002-7-16 10:11:00 a.m. HKT, XFNA
STOCK ALERT - CK Life Sciences higher vs IPO price
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HONG KONG (AFX-ASIA) - CK Life Sciences International (Holdings) Inc
(8222.HK) was at 2.25 hkd on volume of 154.93 mln shares, against its issue
price of 2.00, on its GEM board debut, dealers said.
CK Life Sciences offered 1.307 bln shares at 2.00 hkd ahead of its
listing.
Cheung Kong (Holdings) Ltd (1.HK) has a 44 pct stake in the company,
while its chairman Li Ka Shing has a less than 30 pct interest.
ra/jv
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