CK gives life to a gem

In what will mark the second largest listing on Hong Kong's GEM market, a 1.307 billion IPO for CK Life will formally price later today (Thursday) at HK$2 per share. Raising HK$2.6 billion ($336 million), the deal now stands behind SUNeVision, the IT arm of the Sun Hung Kai group, as the largest flotation on Hong Kong's second market and will command a market capitalization of $1.53 billion.