CK Hutchison Targets $30 Billion Valuation for A.S. Watson Dual Listing – Report

Hong Kong-based conglomerate CK Hutchison is making major moves to unlock shareholder value by planning a dual listing of its retail arm, A.S. Watson Group targeting a valuation of about $30 billion through initial public offerings in Hong Kong and London. This bold strategy could reshape the company’s profile in global capital markets and drive renewed interest from institutional and retail investors alike. Sources close to the situation say the offering could occur as early as the second quarter of 2026, reflecting strong confidence in A.S. Watson’s growth prospects.