CK Hutchison is reportedly seeking a $30 billion valuation for its retail unit’s IPO in the second quarter. The Hong Kong-based conglomerate is looking to raise funds through the listing of its retail arm, which includes Watsons and Superdrug stores. This move comes as CK Hutchison aims to capitalize on strong investor interest in the retail sector.

Read more at Investing.com: CK Hutchison seeks $30 billion valuation for retail unit’s Q2 IPO, sources say