Ck Hutchison Holdings LtdHKEX: 1

CK Hutchison at 4-1/2-month peak on report Cosco looking to join ports deal

· Issued by CK Hutchison Holdings Ltd

** CK Hutchison HKEX:1 rises 3.6% to HK$51, highest since March 7; set for ninth straight session of gains

** Stock set for biggest one-day pct rise since June 3; biggest pct gainer on Hang Seng Composite Index tracking conglomerates (.HSCIC)

** China's state-owned shipping co China Cosco Shipping looking to join global consortium that's acquiring HK business tycoon Li Ka-shing's overseas ports and requesting veto rights or equivalent power in entity, which will take over 43 ports, Bloomberg News reported on Monday

** Cosco, consortium members did not immediately respond to Reuters' requests for comment

** YTD, CK Hutchison stock up 22.1%