BUZZ-CK Hutchison rises on report Italian tycoon emerging as lead ports investor

Reuters
04-14
BUZZ-CK Hutchison rises on report Italian tycoon emerging as lead ports investor

** CK Hutchison 0001.HK rises 3.8% to HK$41.3, highest since April 7

** Stock set for biggest one-day pct gain since March 24; top pct gainer on index tracking conglomerates .HSCIC

** Italian billionaire Gianluigi Aponte's family-run business emerging as lead investor of a group seeking to buy 43 ports from CK Hutchison, Bloomberg News reports, citing people familiar with the matter

** CK Hutchison declined to comment

** YTD, stock up 0.7%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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