Li Ka-shing's Cheung Kong Group plans to fully divest its stake in the UK power distributor UK Power Networks, with a cash return of over 6 times the initial investment in 2016.

The Li Ka-shing family-owned Yangtze River Group announced that it has reached an agreement with the French utility company ENGIE S.A. The infrastructure entity of the Yangtze River Group, Yangtze Infrastructure, will lead the sale of its 100% stake in the UK power distribution company UK Power Networks to ENGIE. The sale price is 10.548 billion pounds, equivalent to approximately 97.9 billion yuan. Reliable market sources revealed to Caixin that the Yangtze River Group acquired UKPN's equity for 2.553 billion pounds in 2010, and has received shareholder dividends of 4.4 billion pounds since the acquisition. The value of this equity sale is 11.078 billion pounds. This means that the Yangtze River Group has achieved a cash return rate of over 6 times on its investment in the UKPN project over the past 16 years.