CK Hutchison Holdings
Company type | Limited company |
---|---|
| |
Industry | Conglomerate |
Predecessors | |
Founded |
|
Headquarters | Cheung Kong Center, Hong Kong Island, Hong Kong |
Key people |
|
Products | Core businesses – Ports and related services, Retail, Infrastructure and Telecommunications |
Revenue | HK$280.8 billion (2021)[1] |
HK$53.3 billion (2021)[1] | |
HK$40.5 billion (2021)[1] | |
Total assets | HK$1.21 trillion (2021)[1] |
Total equity | HK$644.3 billion (2021)[1] |
Number of employees | 300,000 (2021) (incl. subsidiaries)[1] |
Subsidiaries | |
Website | www |
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
[edit]The company owns substantial holdings in businesses across a number of industries.[4]
Telecoms
[edit]The Group's telecommunications division is a leading global operator and innovator of converged telecommunication and digital services around the world.[1]
- 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 alongside IM3.
- 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
[edit]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]
- 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]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]
- Hutchison Port Holdings
- Westports Holdings (18.84% effective interest)[5]
- Hutchison Port Holdings Trust (30.07%)[5]
Retail
[edit]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]
- AS Watson Group (75%)[9] – health and beauty retail group, with subsidiaries around the world.
- Watsons
- ParknShop
- Superdrug
- The Perfume Shop
- Savers Health & Beauty
- Kruidvat
- Rossmann, after buying 40% from Kruidvat
- Trekpleister
- PT Duta Intidaya (55.44% effective interest)[5]
Other
[edit]- 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
[edit]List of chairmen
[edit]- Li Ka-shing (1950–2018)
- Victor Li (Since 2018)
List of deputy chairmen
[edit]- George Magnus (1985–2005)
- Victor Li (1994–2018)
- Canning Fok (Since 2024)
List of managing directors
[edit]- Li Ka-shing (1950–1998)
- Victor Li (1999–2015)
- Victor Li and Canning Fok (2015– 2024)
- Dominic Lai and Frank Sixt (Since 2024)
List of senior advisors
[edit]- Li Ka-shing (Since 2018)
See also
[edit]References
[edit]- ^ 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.
- ^ 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.
- ^ 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.
- ^ "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.
- ^ 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: