CK Hutchison Holdings
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This article contains wording that promotes the subject in a subjective manner without imparting real information. (July 2019) |
Type | Limited company |
---|---|
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 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 | Hutchison 3G Hutchison Asia Telecom Group Hutchison Telecommunications Hong Kong Holdings Wind Tre CK Infrastructure Holdings A.S. Watson Group |
Website | www |
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 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[edit]
The company owns substantial holdings in businesses across a number of industries. [4]
Telecoms[edit]
- 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 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[edit]
- 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[edit]
- Hutchison Port Holdings
- Westports Holdings (18.84% effective interest)[5]
- Hutchison Port Holdings Trust (30.07%)[5]
Retail[edit]
- 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[edit]
- Cenovus Energy (15.71%)[5] – Canadian energy company.
- Hutchison Water
- HUTCHMED (44.66%)[10]
- CK Life Sciences (45.32%)
- TOM Group (36.11%)[5]
- Marionnaud[11]
- AlipayHK (a joint venture with Alibaba's Ant Financial)[12]
Senior Leadership[edit]
List of chairmen[edit]
- Li Ka-shing (1950–2018)
- Victor Li (2018– )
List of managing directors[edit]
- Li Ka-shing (1950–1998)
- Victor Li (1999–2015)
- Victor Li and Canning Fok (2015– )
List of senior advisors[edit]
- Li Ka-shing (2018– )
See also[edit]
References[edit]
- ^ "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.
- ^ "Group Listed Companies". CK Hutchison Holdings. Retrieved 25 August 2015.
- ^ a b c d e f g "Group Listed Companies". CK Hutchison Holdings. 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. Retrieved 8 June 2021.
- ^ a b "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.
External links[edit]
- Official website
- Business data for CK Hutchison Holdings Limited: