S&P withdraws its credit rating (previously A-) on property developer Cheung Kong Holdings...

|About: Cheung Kong (HOLDINGS) L... (CHEUY)|By:, SA News Editor
S&P withdraws its credit rating (previously A-) on property developer Cheung Kong Holdings (CHEUY.PK) as the company has been busy making acquisitions but hasn't given the ratings group the access it needs make its assessments. The company, controlled by Li Ka-Shing, has seen its stock decline 24% this year.