CK Hutchison (0001) said no decision has been made on an initial public offering of AS Watson or its timing, following a report that the conglomerate is pushing back the listing of the health and beauty retail chain until next year.
The Hong Kong-based company reiterated in a statement that the group continuously explores and evaluates opportunities to enhance long-term value for shareholders, including possible transactions and preliminary steps in connection with such transactions.
But the group has not yet made any decision regarding the IPO, it said.
The Financial Times on Friday reported that CKH is considering delaying the US$2 billion dual listing of AS Watson from the third quarter of 2026 due to potential regulatory issues.