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

About this update from 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%

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