周一，香港股市开盘伊始，长江实业(Cheung Kong Holdings)和和记黄埔(Hutchison Whampoa)的股价均大涨逾15%。此前在周五，这两家李嘉诚旗下的旗舰集团曾公布一项激进的重组措施。
Shares of Cheung Kong and Hutchison Whampoa each jumped more than 15 per cent at the start of Hong Kong trading, following a radical move on Friday to reorganise the two flagship companies of Li Ka-shing.
这一重组协议实际上合并了这两家集团，并将其房地产业务剥离为新的单独上市的公司。它的用意是为了令两家企业的估值得到解放。这一应该会得到股东批准的交易预计会在6月份达成。
The deal - an effective merger of the two companies, plus a spin-off of their property units into a new, separately-listed company - was meant to unlock value in both. Assuming shareholder approval the deal is expected to close in June.
该交易是在周五收盘后公布的。在纽约，两家企业的美国预托证券都上涨了10%。
It was announced after the close of Friday trading. American depositary receipts for both companies rose nearly 10 per cent each in New York.
分析师称，这一规划是1997年以来长江实业的最大规模重组计划。
Analysts called the plans the biggest restructuring for Cheung Kong since 1997.
巴克莱银行(Barclays)表示，这一重组交易将从至少三个方面令股东收益：
Barclays said it would be beneficial to shareholders in at least three ways:
•将控股公司拿到的折扣减少了一层；
•removal of one layer of holding company discount;
•优化资本结构；
•optimizing capital structures; and
•提升股东红利，它通常会产生积极的影响。
•raising dividends, which should be generally positive.
野村证券(Nomura)估计，交易完成后，和记黄埔的股价或将上涨9%到19%。
Nomura estimated that Hutchison shares could be worth 9-19 per cent more after the deal.
在股市开盘之前，他们表示：“股东手中的股票将来极有可能大幅上涨。”
“Major shareholder's share increases look very likely in the future,” they said before shares began trading.
“在重组之后，李嘉诚家族及其信托在这两大旗舰企业中的股份只会略高于30%。在我们看来，这一持股比例很难防止恶意收购，也会限制其募资能力。我们相信，李嘉诚很可能会加大持股比例，以巩固对集团的控制，从而为抵御股价下行提供支持。”
“Upon restructuring, the Li family and Trust will hold just above 30% interest in the two new flagship companies, a level which is hardly safe from hostile takeover and also limits fundraising capability, in our view. We believe Li will likely increase the shareholdings to cement a firmer control of the group, thereby providing share price downside support.”