CK Hutchison Holdings explained

CK Hutchison Holdings Limited
Type:Limited company
Location:Cheung Kong Center, Hong Kong Island, Hong Kong
Key People:
Industry:Conglomerate
Products:Core businesses – Ports and related services, Retail, Infrastructure and Telecommunications
Revenue: (2021)[1]
Operating Income: (2021)
Net Income: (2021)
Assets: (2021)
Equity: (2021)
Num Employees:300,000+ (2021) (incl. subsidiaries)
Subsid:

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]

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.

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.

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.

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.

Other

[12]

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

Notes and References

  1. Web site: CK Hutchison Holdings Limited. Annual Report 2021. . 29 May 2022 . https://web.archive.org/web/20220421130841/https://doc.irasia.com/listco/hk/ckh/annual/2021/ar2021.pdf . 21 April 2022 . live .
  2. News: Sito. Peggy. Li. Sandy. Li Ka-shing's two firms set for merger as Cheung Kong shareholders approve revamp. 12 March 2015. South China Morning Post. 25 February 2015.
  3. Web site: 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. Web site: Group Listed Companies. CK Hutchison Holdings. 25 August 2015.
  5. Web site: Group Structure - Hutchison Australia. en-US. 2020-04-20.
  6. Web site: CK Infrastructure Holdings.
  7. News: Davies. Paul J. Noble. Josh. Li Ka-shing to spin off Hong Kong electricity distribution unit. 25 August 2015. Financial Times. 5 January 2014.
  8. http://www.scmp.com/business/companies/article/1454108/li-ka-shing-hong-kongs-richest-man-sells-25pc-share-retail-chain Li Ka-shing sells nearly 25pc of AS Watson to Singapore investment giant Temasek
  9. Web site: 27 January 2022 . Major Shareholders . live . https://web.archive.org/web/20220403170644/https://www.hutch-med.com/shareholder-information/shareholders-analysis/ . 3 April 2022 . 8 April 2022 . HUTCHMED.
  10. Web site: Group Listed Companies. live. 8 June 2021. CK Hutchison Holdings. https://web.archive.org/web/20150707131349/http://www.ckh.com.hk:80/en/about/structure.php . 7 July 2015 .
  11. News: Li Ka-shing, Jack Ma Join Forces to Bring Digital Wallet to Hong Kong. Bloomberg.com. 26 September 2017.
  12. Web site: CK Hutchison Holdings Limited - Our Businesses > Finance & Investments and Others. 2021-06-08. www.ckh.com.hk.