Cheung Kong buys $1.9b of aircraft

Li Ka-shing-controlled Cheung Kong Holdings is buying the portfolio of aircraft and entering the plane-leasing market as part of a broader effort to diversify away from Hong Kong.
November 05, 2014

Cheung Kong Holdings has agreed to buy a portfolio of aircraft for about $1.9 billion, heralding its entry into the plane leasing business as it seeks to diversify its interests beyond Hong Kong and China.

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