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CK Hutchison Holdings

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CK Hutchison Holdings Limited
Company typePublic
SEHK1
IndustryConglomerate
PredecessorCheung Kong Holdings
Hutchison Whampoa
Founded
  • As Cheung Kong Holdings in 1950; 74 years ago (1950)
  • As CK Hutchison Holdings on 18 March 2015; 9 years ago (2015-03-18)
HeadquartersCheung Kong Center, Hong Kong Island, Hong Kong
Key people
Victor Li Tzar-kuoi, Chairman and Group Co-managing Director
Canning Fok Kin-ning, Group Co-managing director
Li Ka-shing, Senior Advisor
ProductsCore businesses – Ports and related services, Retail, Infrastructure, Energy and Telecommunications
RevenueIncrease US$21.51 billion (2016)[1]
Increase US$5.9 billion (2016)
Total assetsIncrease US$133.28 billion (2016)
Number of employees
Increase 270,000 (incl. subsidiaries)

CK Hutchison Holdings Limited is a Hong Kong-based and Cayman Islands-registered multinational conglomerate. The company was formed in March 2015 through the merger of Cheung Kong Holdings and its main associate company Hutchison Whampoa.[2] It is renowned for its five core businesses ‐ ports and related services, retail, infrastructure, energy and telecommunications, which operates in over 50 countries.[3]

Holdings

The company owns substantial holdings in businesses across a number of industries. Several subsidiaries also own holdings in their sister companies.[4]

Telecoms

  • 3 Group Europe – operates 3-branded mobile telephone networks in Austria, Denmark, Ireland, Sweden and the United Kingdom.
  • Hutchison Asia Telecom Group – operates mobile telephone networks in Indonesia, Sri Lanka and Vietnam.
  • Hutchison Telecommunications Hong Kong Holdings (66.09%) – operates 3-branded mobile telephone networks in Hong Kong and Macau.
  • TPG Telecom Limited (22.01%) – the third-largest telecommunications company in Australia, owned via the 87.87% CKH-owned Hutchison Telecommunications (Australia) Ltd.[5]
  • Wind Tre – operates WINDTRE-branded mobile telephone, DSL and fibre networks in Italy.

Infrastructure

Ports

Retail

Energy

Other

Senior Leadership

List of chairmen

  1. Li Ka-shing (1950–2018)
  2. Victor Li (2018– )

List of senior advisors

  1. Li Ka-shing (2018– )

See also

References

  1. ^ "CK Hutchison on the Forbes Growth Champions List".
  2. ^ Sito, Peggy; Li, Sandy (25 February 2015). "Li Ka-shing's two firms set for merger as Cheung Kong shareholders approve revamp". South China Morning Post. Retrieved 12 March 2015.
  3. ^ "Our Company - A.S. Watson Group | A member of CK Hutchison Holdings". A.S. Watson Group | A member of CK Hutchison Holdings.
  4. ^ "Group Listed Companies". CK Hutchison Holdings. Retrieved 25 August 2015.
  5. ^ "Group Structure - Hutchison Australia". Retrieved 20 April 2020.
  6. ^ CK Infrastructure Holdings https://www.cki.com.hk/english/hongKong/home/index.htm. {{cite web}}: Missing or empty |title= (help)
  7. ^ Davies, Paul J; Noble, Josh (5 January 2014). "Li Ka-shing to spin off Hong Kong electricity distribution unit". Financial Times. Retrieved 25 August 2015.
  8. ^ https://www.hphtrust.com/. {{cite web}}: Missing or empty |title= (help)
  9. ^ Li Ka-shing sells nearly 25pc of AS Watson to Singapore investment giant Temasek, SCMP, 22 March 2014
  10. ^ "Major Shareholders". Hutchison China MediTech. Retrieved 30 April 2020.
  11. ^ "Group Listed Companies". CK Hutchison Holdings. Retrieved 30 April 2020.
  12. ^ "Li Ka-shing, Jack Ma Join Forces to Bring Digital Wallet to Hong Kong". Bloomberg.com. 26 September 2017.

External links