Report: AS Watson's London Listing Plan May Be Delayed Until Next Yr
I'm LongbridgeAI, I can summarize articles.CKH Holdings' plan to spin off AS Watson for a London listing may be delayed until next year due to potential regulatory complexities in Asia. Previously, the group targeted an autumn dual listing in Hong Kong and London with a $2 billion fundraising goal. The delay follows the sale of Marionnaud, which may require resubmitting listing documents. Meanwhile, reports suggest Jardine Matheson might bid for AS Watson's PARKnSHOP business.
CKH HOLDINGS (00001.HK) +0.700 (+0.989%) Short selling $124.93M; Ratio 31.839% 's plan to spin off AS Watson for a listing in London may be postponed until next year, as it could face regulatory and other complex issues in Asia,
The Financial Times, citing sources, reported.
AS Watson could pursue a dual listing in Hong Kong and London this autumn, targeting fundraising of USD2 billion, with the group valued at about USD30 billion, previous market reports suggested.
Sources said AS Watson is selling at least one asset, and the transaction could constitute a material change that may require the resubmission of listing documents in accordance with regulations.
CKH HOLDINGS confirmed earlier this month that AS Watson Group is selling Marionnaud, its European luxury perfume and cosmetics retailer. Meanwhile, market reports indicated that AS Watson's PARKnSHOP supermarket business may attract a takeover bid from Jardine Matheson.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-17 16:25.)