CK Hutchison Holdings
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]
 | |
| Type | Public |
|---|---|
| SEHK: 1 | |
| Industry | Conglomerate |
| Predecessor | Cheung Kong Holdings Hutchison Whampoa |
| Founded |
|
| Headquarters | Cheung 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 |
| 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) |
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 (100%) – operates WINDTRE-branded mobile and landline telephone networks in Italy.
Infrastructure
- CK Infrastructure Holding[6](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
- Hutchison Water
- 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.[7]
Ports
- Hutchison Port Holdings
- Hutchison Port Holdings Trust[8]
Retail
- A.S. Watson Group (75%)[9] – health and beauty retail group, with subsidiaries around the world.
Energy
- Husky Energy (40.2%) – Canadian energy company.
Other
- Chi-Med (48.15%)[10]
- CK Life Sciences (45.32%)
- TOM Group (36.13%)[11]
- Metro Broadcast Corporation
- AlipayHK (a joint venture with Alibaba's Ant Financial)[12]
Senior Leadership
List of chairmen
- Li Ka-shing (1950–2018)
- Victor Li (2018– )
List of senior advisors
- Li Ka-shing (2018– )
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.
- "Group Structure - Hutchison Australia". Retrieved 20 April 2020.
- CK Infrastructure Holdings https://www.cki.com.hk/english/hongKong/home/index.htm. Missing or empty
|title=(help) - 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.
- https://www.hphtrust.com/. Missing or empty
|title=(help) - Li Ka-shing sells nearly 25pc of AS Watson to Singapore investment giant Temasek, SCMP, 22 March 2014
- "Major Shareholders". Hutchison China MediTech. Retrieved 30 April 2020.
- "Group Listed Companies". CK Hutchison Holdings. Retrieved 30 April 2020.
- "Li Ka-shing, Jack Ma Join Forces to Bring Digital Wallet to Hong Kong". Bloomberg.com. 26 September 2017.
External links
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.