
Swire Properties plans to acquire ParknShop, a subsidiary of CK Hutchison Holdings. In recent years, the Swire Group has repeatedly sold valuable properties in Hong Kong, realizing HKD 20 billion

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Jardine Matheson is in talks with CK Hutchison to acquire its supermarket business ParknShop and plans to merge with DFI Retail's Wellcome. This acquisition is expected to involve a substantial amount of capital. In recent years, Jardine has sold several valuable properties in Hong Kong, cashing out nearly HKD 20 billion, including the sale of 13 floors of the Causeway Bay Plaza to Alibaba and Ant Group for HKD 7.2 billion. Other sales include HKD 6.3 billion for the Central Trading Plaza and HKD 5.82 billion for parking lots, among others
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