Cheung Kong-Hutchison Holdings starts trading mid-March

Upon listing, board lot size will change.

As part of the ongoing Cheung Kong-Hutchison reorganisation, trading in Cheung Kong Holdings (1 HK) has ceased.

According to a research note from Barclays, the latest time for lodging transfers of Cheung Kong Holdings shares in order to be entitled to CKH Holdings Shares is 4:30pm on Thursday, 12 March.

Meanwhile, on 17 March, there will be a court hearing of the petition to sanction the Scheme. On 18 March, Cheung Kong Holdings shares will be withdrawn from the Main Board of the Stock Exchange of Hong Kong and CKH Holdings shares will start trading, retaining the same stock code (1 HK).

Here's more from Barclays:

Change in board lot size – Currently, the board lot size for Cheung Kong Holdings is 1,000 shares. Upon the listing of CKH Holdings, the new entity will be traded in a board lot size of 500 shares.

Next step in the timetable – After the completion of the listing of CKH Holdings, the Hutchison Scheme Document is expected to be dispatched to Hutchison shareholders on 31 March 2015.

Cheung Kong and Hutchison have stated that they expect the whole reorganisation proposal to be completed by the end of June 2015 at the earliest, subject to various shareholder approvals and court approvals to be obtained.