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Campaign threatens plan for London wharf

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Cheung Kong is caught up in a fight with residents over a proposal to redevelop a waterfront site into residential and commercial space

Residents in southeast London have mounted a campaign against plans by Cheung Kong (Holdings) to redevelop a 16-hectare site at Convoys Wharf in Deptford into a mixed high-rise residential and commercial complex.

The move threatens to stall the Hong Kong developer's ambitions to expand its British portfolio.

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Cheung Kong and its ports-to-telecoms arm, Hutchison Whampoa, bought the site in May from Rupert Murdoch's News International, the publishing arm of News Corp, for $1.46 billion.

The site was formerly a newsprint and forest products port but has not been used since 2000.

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Community activists have been fighting to preserve the site as a commercial waterway by pushing for the development of a cruise liner terminal. They did not rule out taking legal action to challenge Cheung Kong's redevelopment proposal, casting uncertainty over the project.

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