CK Hutchison Holdings

Hong Kong multinational conglomerate

  • SEHK: 1
  • Hang Seng Index component
IndustryConglomeratePredecessors
  • Cheung 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 (Group co-managing director)
  • Li Ka-shing (Senior advisor)
ProductsCore businesses – Ports and related services, Retail, Infrastructure and TelecommunicationsRevenueIncrease HK$280.8 billion (2021)[1]Increase HK$53.3 billion (2021)[1]
Net income
Increase HK$40.5 billion (2021)[1]Total assetsDecrease HK$1.21 trillion (2021)[1]Total equityIncrease HK$644.3 billion (2021)[1]
Number of employees
300,000+ (2021) (incl. subsidiaries)[1]SubsidiariesWebsitewww.ckh.com.hk

CK Hutchison Holdings Limited (Chinese: 長江和記實業有限公司) is a Hong Kong-based and Cayman Islands-registered multinational conglomerate corporation. The company was formed in March 2015 through the merger of Cheung Kong Holdings and its main associate company Hutchison Whampoa.[2] It has four core businesses – ports and related services, retail, infrastructure and telecommunications – which operate in over 50 countries, as well as several other investments around the world.[3]

Holdings

The company owns substantial holdings in businesses across a number of industries.[4]

Telecoms

The Group's telecommunications division is a leading global operator and innovator of converged telecommunication and digital services around the world.[1]

Infrastructure

The company has investments in energy infrastructure, transportation infrastructure, water infrastructure, waste management, waste-to-energy and household infrastructure. Its investments and operations span across Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada and the United States.[1]

Ports

As the world's leading port investor, developer and operator, the Group's ports division holds interests in 52 ports comprising 291 operational berths in 27 countries, including container terminals operating in six of the 10 busiest container ports in the world. In 2021, the division handled a total throughput of 88.0 million twenty-foot equivalent units (“TEU”). It also engages in river trade, cruise terminal operations and ports related logistic services.[1]

Retail

The Group's retail division is the world's largest international health and beauty retailer, with over 16,300 stores in 28 markets worldwide. Its retail portfolio comprises health and beauty products, supermarkets, as well as consumer electronics and electrical appliances. It also manufactures and distributes bottled water and beverage products in Hong Kong and Mainland China.[1]

Other

[11]

Senior Directorship

List of chairmen

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

List of deputy chairmen

  1. George Magnus (1985–2005)
  2. Victor Li (1994–2018)
  3. Canning Fok (2024– )

List of managing directors

  1. Li Ka-shing (1950–1998)
  2. Victor Li (1999–2015)
  3. Victor Li and Canning Fok (2015– 2024)
  4. Dominic Lai and Frank Sixt (2024–)

List of senior advisors

  1. Li Ka-shing (2018– )

See also

References

  1. ^ a b c d e f g h i j "CK Hutchison Holdings Limited. Annual Report 2021" (PDF). Archived (PDF) from the original on 21 April 2022. Retrieved 29 May 2022.
  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. 19 May 2015.
  4. ^ "Group Listed Companies". CK Hutchison Holdings. Retrieved 25 August 2015.
  5. ^ a b c d e f g "Group Listed Companies". CK Hutchison Holdings. Archived from the original on 7 July 2015. Retrieved 8 June 2021.
  6. ^ "Group Structure - Hutchison Australia". Retrieved 20 April 2020.
  7. ^ "CK Infrastructure Holdings".
  8. ^ 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.
  9. ^ Li Ka-shing sells nearly 25pc of AS Watson to Singapore investment giant Temasek, SCMP, 22 March 2014
  10. ^ "Major Shareholders". HUTCHMED. 27 January 2022. Archived from the original on 3 April 2022. Retrieved 8 April 2022.
  11. ^ a b "CK Hutchison Holdings Limited - Our Businesses > Finance & Investments and Others". www.ckh.com.hk. Retrieved 8 June 2021.
  12. ^ "Li Ka-shing, Jack Ma Join Forces to Bring Digital Wallet to Hong Kong". Bloomberg.com. 26 September 2017.

External links

  • Official website Edit this at Wikidata
  • Business data for CK Hutchison Holdings Limited:
    • Bloomberg
    • Google
    • Reuters
    • Yahoo!
  • v
  • t
  • e
CK Hutchison Holdings
Subsidiaries
Active
Defunct
Joint ventureEquity investmentsBrands
  • 3
Company historyAffiliated companyKey people
  • v
  • t
  • e
Constituents of Hang Seng Index
Finance
Utilities
Properties
Commerce
and
Industry