CK Hutchison Holdings
CK Hutchison Holdings Limited 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]
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![]() Headquarters at the Cheung Kong Center | |
Type | Limited company |
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Industry | Conglomerate |
Predecessors | |
Founded |
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Headquarters | Cheung Kong Center, Hong Kong Island, Hong Kong |
Key people |
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Products | Core businesses – Ports and related services, Retail, Infrastructure and Telecommunications |
Revenue | US$51.8 billion (2020)[1] |
US$3.7 billion (2020) | |
Total assets | US$30.5 billion (2020) |
Number of employees | 270,000 (incl. subsidiaries) |
Subsidiaries | |
Website | www |
Holdings
The company owns substantial holdings in businesses across a number of industries.[4]
Telecoms
- CK Hutchison Group Telecom – 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 Lanka
- Indosat Ooredoo Hutchison (65,6% via Ooredoo Hutchison Asia, where CKH co-owned its 50% stake with Ooredoo) – operates the 3 network in Indonesia as well as IM3 Ooredoo.
- Vietnamobile – co-owned with Hanoi Telecom.
- Hutchison Telecommunications Hong Kong Holdings (66.09%) – operates 3-branded mobile telephone networks in Hong Kong and Macau.
- TPG Telecom (25.05% effective interest, formerly Vodafone Hutchison Australia)[5] – the second-largest telecommunications company in Australia, owned via the 87.87% CKH-owned Hutchison Telecommunications.[6]
- Wind Tre (100%) – Italian operator of fixed and mobile telephony, born from the merger between Wind and 3 Italy.
- Metro Broadcast Corporation
Infrastructure
- CK Infrastructure Holding[7](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 (35.96%)[5]
- Hongkong Electric Company – Minority 33.37% holding is held through Power Assets Holdings.[8]
Ports
- Hutchison Port Holdings
- Westports Holdings (18.84% effective interest)[5]
- Hutchison Port Holdings Trust (30.07%)[5]
Retail
- A.S. Watson Group (75%)[9] – health and beauty retail group, with subsidiaries around the world.
- Watsons
- ParknShop
- Superdrug
- The Perfume Shop
- Savers Health & Beauty
- Kruidvat
- Trekpleister
- PT Duta Intidaya (55.44% effective interest)[5]
Other
- Cenovus Energy (15.71%)[5] – Canadian energy company.
- Hutchison Water
- HUTCHMED (38.46%)[10]
- CK Life Sciences (45.32%)
- TOM Group (36.11%)[5]
- Marionnaud[11]
- AlipayHK (a joint venture with Alibaba's Ant Financial)[12]
Senior Directorship
List of chairmen
- Li Ka-shing (1950–2018)
- Victor Li (2018– )
List of managing directors
- Li Ka-shing (1950–1998)
- Victor Li (1999–2015)
- Victor Li and Canning Fok (2015– )
List of senior advisors
- Li Ka-shing (2018– )
See also
References
- "Financial Highlights".
- 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. 19 May 2015.
- "Group Listed Companies". CK Hutchison Holdings. Retrieved 25 August 2015.
- "Group Listed Companies". CK Hutchison Holdings. Archived from the original on 7 July 2015. Retrieved 8 June 2021.
- "Group Structure - Hutchison Australia". Retrieved 20 April 2020.
- "CK Infrastructure Holdings".
- 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
- "Major Shareholders". HUTCHMED. 27 January 2022. Archived from the original on 3 April 2022. Retrieved 8 April 2022.
- "CK Hutchison Holdings Limited - Our Businesses > Finance & Investments and Others". www.ckh.com.hk. Retrieved 8 June 2021.
- "Li Ka-shing, Jack Ma Join Forces to Bring Digital Wallet to Hong Kong". Bloomberg.com. 26 September 2017.
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