CK Hutchison Holdings
 | This article contains wording that promotes the subject in a subjective manner without imparting real information. (July 2019) |
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| Company type | Public |
|---|---|
| SEHK: 1 | |
| Industry | Conglomerate |
| Predecessor | Cheung Kong Holdings Hutchison Whampoa |
| Founded |
|
| Headquarters | Cheung Kong Center, Hong Kong Island, Hong Kong SAR, China |
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 |
| Products | Core businesses – Ports and related services, Retail, Infrastructure, Energy and Telecommunications |
| Revenue |  US$21.51 billion (2016)[1] |
| US$5.9 billion (2016) | |
| Total assets | US$133.28 billion (2016) |
Number of employees | 270,000 (incl. subsidiaries) |
CK Hutchison Holdings Limited is a Cayman Islands–registered multinational conglomerate headquartered in Hong Kong. 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.
- Vodafone Hutchison Australia (50%) – a joint venture with Vodafone Group providing mobile telephone services in Australia.
- Wind Tre (100%) – operates Wind-branded as well as the 3-branded mobile and landline telephone networks in Italy.
Infrastructure
- Cheung Kong Infrastructure Holdings (75.67%) – owns a number of infrastructure companies around the world.
- Eversholt Rail Group
- Australian Gas Networks
- UK Power Networks
- Northern Gas Networks
- Northumbrian Water Group
- Park 'N Fly Airport Parking
- Wales & West Utilities
- Power Assets Holdings (38.87%)
- Hongkong Electric Company – Minority 33.37% holding is held through Power Assets Holdings.[5]
Ports
Retail
- A.S. Watson Group (75%)[6] – health and beauty retail group, with subsidiaries around the world.
Energy
- Husky Energy (40.2%) – Canadian energy company.
Other
- Chi-Med (60.15%)
- CK Life Sciences (45.32%)
- TOM Group (36.7%)
- Metro Broadcast Corporation
- AlipayHK (a joint venture with Alibaba's Ant Financial)[7]
See also
References
- ^ "CK Hutchison on the Forbes Growth Champions List".
- ^ 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.
- ^ "Our Company - A.S. Watson Group | A member of CK Hutchison Holdings". A.S. Watson Group | A member of CK Hutchison Holdings.
- ^ "Group Listed Companies". CK Hutchison Holdings. Retrieved 25 August 2015.
- ^ 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.
- ^ Li Ka-shing sells nearly 25pc of AS Watson to Singapore investment giant Temasek, SCMP, 22 March 2014
- ^ "Li Ka-shing, Jack Ma Join Forces to Bring Digital Wallet to Hong Kong". Bloomberg.com. 26 September 2017.
External links
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