Ka Shing 2.5 privatisation and electricity international

January 8 News, with the Yellow Telecom International (02332) 8th of a paper, as the industry expected, Li Ka-shing through its Hutchison Whampoa (00013) proposed to and the Electric International Privatization Program, Sina Financial discovery, since 2007 to sell the first high-quality assets so far,　　Li Ka-shing spent 2.5 of his time privatizing and remembering. 2.5-time privatization path according to public information, Li Ka-shing has increased his shares in Hutchison Whampoa to 51.7% in 12 times over the past 1 months.　　But he said yesterday that it had nothing to do with privatisation and electricity international. 5 months ago, Li Ka-shing told the media that he would not be as "wasteful" as his son, Richard Li, as he did. But now Superman believes that, despite the difficulties of privatization, he said the move would be beneficial to shareholders, saying "even if it is difficult to do!" "While Li Ka-shing's capital operation has not stopped, the first step was in May 2007, when the company sold the most valuable business, such as India and Israel, and in May 09, the Hong Kong and Macao operations were split into and recorded in Hong Kong listing, October 09,　　and electricity international plans to sell mobile operations in Thailand.　　At present, the world's only remaining business in Indonesia, Sri Lanka, Vietnam and other emerging markets, are not yet profitable and need a lot of capital investment in the mobile business. Although there is analysis that Li Ka-shing through the operation of the above step by step and record of privatization, but Nomura believes that the privatization and the international electricity is independent of the incident. "And Huang's privatization is due to the hope of more effective control and power international cash, since the sale of Israel's telecommunications business last year, the level of cash has risen to 7.8 billion yuan, and yellow will not have other restructuring plans." "The market is popular and the yellow repurchase offer is HK $2.2 per share, a premium of HK $33% over the prior suspension." , according to the announcement, and Huang plans to buy up to HK $4.227 billion in cash at a maximum of about 1.908 billion shares and electric international shares of the remaining shareholders, accounting for about 39.64% of the international issued share capital, plus and Huang's previous owned 5.94% and electricity investment holdings (and yellow indirect wholly-owned subsidiaries)　　Hands of 54.42%, to achieve full holding purposes. Affected by the positive news of privatization, and Hutchison Telecom closed today at HK $2.12, rising 28.48%.　　Morgan Stanley believes the privatisation plan has raised its share price appeal with the international electricity market and given a target price of 2.4 yuan in 60 days, with more than 80% or "almost certain" opportunities. Nomura believes that, despite the current negative cash flow with the remaining telecommunications operations in the International telecommunication industry, there is no meaningful value to investors at this stage, but it is believed that the Hong Kong and Huang will adopt a longer-term strategy to make assets attractive and enhance the value of the international electricity market through asset restructuring. (Xiao from Shanghai)