|Sep 22, 2017|
|Sep 22, 2017|
Currency in HKD
|Full time employees:||290,000|
CK Hutchison Holdings Ltd. is an investment company. It operates through the following segments: Ports and Related Services; Retail; Infrastructure; Husky Energy; Telecommunications; and Finance and Investment and Others. The Ports and Related Services segment consist of 275 operational berths. The Retail segment sells health, beauty, and beverage products. The Infrastructure segment invests and develops energy, transportation, water, waste management, and waste-to-energy infrastructures. The Husky Energy segment deals with oil pipeline assets. The Telecommunications segment offers mobile telecommunications and data services. The Finance and Investment and Others includes group's holdings of cash and liquid investments. The company was founded on December 12, 2014 and is headquartered in Hong Kong.
CK Hutchison Holdings runs a broad range of businesses, from telecommunications and retail to energy and infrastructure. The Hong Kong conglomerate operates in more than 50 countries. Chairman Li Ka-shing has long been known as Asia's richest man.
The company was created in 2015 through a merger of two holding entities -- Cheung Kong (Holdings) and Hutchison Whampoa. As part of the reorganization, CK Hutchison spun off real estate businesses in Hong Kong and China into a new company, Cheung Kong Property Holdings.
Major CK Hutchison group members include 3 Group Europe, a mobile communications company; A.S. Watson Group, a retailer that runs around 10,000 drugstores, supermarkets and other shops in Asia and Europe; Husky Energy, an energy developer based in Canada; and Hutchison Port Holdings, which controls more than 50 container terminals worldwide.
In 2015, CK Hutchison acquired O2 UK, Britain's second-largest mobile service provider. The conglomerate actively pursues acquisitions, mainly targeting regulated industries that generate stable cash flow.
The group's history goes back to the 1950s, when Li established Cheung Kong Industries. The company started out manufacturing plastic flowers. Li developed it into a real estate investment business, and in 1979, Cheung Kong acquired British trading house Hutchison Whampoa.
The chairman has maintained close relationships with successive generations of high-ranking Chinese Communist Party officials. Li's first-born son, Deputy Chairman Victor Li Tzar-kuoi, appears almost certain to succeed him.
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- Local currency
- US Dollar
|Income before tax||29,850M|
|Dividends per share||2.68|
|Operating cash flow||36,128M|
Currency in HKD
|Income before tax||3,845.43M|
|Dividends per share||0.34|
|Operating cash flow||4,654.19M|
Currency in USD
- Deputy Chairman & Group Co-Managing Director: Tzar Kuoi Li
- Group Co-Managing Director & Executive Director: Kin Ning Fok
- Group Finance Director & Executive Director: Frank John Sixt
- Executive Director & Deputy Managing Director: Tak Chuen Edmond Ip
- Executive Director & Deputy Managing Director: Hing Lam Kam
- LI FAMILY(28.3%)
- LI KA SHING(1.7%)
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- T. Rowe Price Associates, Inc.(1.0%)
- Norges Bank Investment Management(0.9%)
- First State Investment Management (UK) Ltd.(0.8%)
- Invesco Advisers, Inc.(0.7%)
- State Street Global Advisors Asia Ltd.(0.7%)
- JF Asset Management Ltd.(0.7%)
- Website: http://www.ckh.com.hk
- Address: 22nd Floor, Hutchison House, 10 Harcourt Road, Hong Kong, Hong Kong
- Phone: +852..2128.1188
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