Australia's Treasurer Scott Morrison has raised national security concern over two Chinese bidders for Ausgrid, which supplies electricity to Sydney and neighbouring areas. Photo: AFP

Cheung Kong plays down its roots, after being blocked initially from bidding for Australian electricity firm

Li Ka-shing’s infrastructure arm underlines 90pc of its profit generated outside of HK and mainland China, and that it is ‘incorporated in Bermuda and not in Hong Kong’

Topic |   Cheung Kong

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Australia's Treasurer Scott Morrison has raised national security concern over two Chinese bidders for Ausgrid, which supplies electricity to Sydney and neighbouring areas. Photo: AFP
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