Husky Energy mulls listing in HK

Hong Kong - Husky Energy Inc, the Canadian oil producer controlled by Hong Kong billionaire Li Ka-shing, may seek a secondary listing in the Chinese city, giving it greater access to Asian investors as it expands in the region.

Calgary-based Husky will keep its primary listing on the Toronto Stock Exchange, according to a company press release on Thursday. No final decision on a Hong Kong listing has been made by the board of directors, the statement said.

Husky has signed 11 production-sharing contracts with China National Offshore Oil Corp and has three contracts in Indonesia, according to its website.