Cheung Kong Holdings

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Cheung Kong Holdings

logo
legal form Corporation
founding 1950
resolution 3rd June 2015
Reason for dissolution Incorporation as a subsidiary in CK Hutchison Holdings
Seat Hong KongHong Kong Hong Kong , PR China
management Li Ka-Shing ( Chairman ),

Victor Li Tzar Kuoi ( MD )

Number of employees 7100
sales HK $ 42.3 billion
Branch Real estate industry
Website www.ckh.com.hk

Cheung Kong Center , Central 2008

The Chinese company Cheung Kong Holdings was the holding company of the Cheung Kong Group and was headquartered in Hong Kong . In June 2015, the holding company was reorganized and merged with Hutchison Whampoa to form the new company CK Hutchison Holdings . Part of the holding was re-established as Cheung Kong Property Holdings .

Overview

The group consisted of ten companies that were listed on the Hong Kong Stock Exchange (HKSE). The market capitalization of the entire group was HK $ 815 billion in May 2007.

The Cheung Kong Group has operated in a variety of businesses, from real estate and media to telecommunications to biotechnology, ports and retail. It operated in 55 countries and had 240,000 employees.

Li Ka Shing founded Cheung Kong Industries in 1950 as a plastic manufacturing company. Under his leadership, the company grew rapidly and developed into a construction and investment company. In 1972 he floated Cheung Kong (Holdings), in 1979 he took over Hutchison Whampoa Limited, which at that time was almost 50% owned by Cheung Kong (Holdings).

Prior to the merger, Mr. Li Ka Shing was chairman of Cheung Kong (Holdings) Limited and Hutchison Whampoa Limited. His eldest son, Victor Li, was the managing director and vice chairman of Cheung Kong (Holdings) Limited, vice chairman of Hutchison Whampoa Limited, and chairman of Cheung Kong Infrastructure Holdings Limited and CK Life Sciences Int'l., (Holdings) Inc.

Structure of the Cheung Kong group

The Cheung Kong Group had the following structure of investments and business areas:

Cheung Kong (Holdings) Limited (長江 實業 (集團) 有限公司) SEHK: 0001, a permanent member of the Hang Seng Index

  • Hutchison Whampoa Limited (和 記 黃埔 有限公司) SEHK: 0013, a permanent member of the Hang Seng Index, is 49.97% owned by Cheung Kong (Holdings) Limited.
    • Hutchison Telecommunications International Limited SEHK: 2332, NYSE: HTX, is 50.0036% owned by Hutchison Whampoa Limited and 1.09% directly by Cheung Kong (Holdings) Limited. Fixed line and mobile telephony in Hong Kong, Israel, Thailand, Sri Lanka, Ghana and Vietnam
    • Cheung Kong Infrastructure Holdings Limited (長江 基建 集團 有限公司) SEHK: 1038, a permanent member of the Hang Seng Index, is 84.58% owned by Hutchison Whampoa Limited. Active in energy, water, transportation, in Hong Kong, Australia, Great Britain, China and the Philippines.
    • Hutchison Harbor Ring Limited SEHK: 0715, 61.97% owned by Hutchison Whampoa Limited and is in the areas of toys, cell phone accessories, licensing (including for Warner Bros.) and office buildings in Shanghai.
    • TOM Group Limited SEHK: 2383, owned 24.47% by Hutchison Whampoa Limited, and 12.23% directly by Cheung Kong (Holdings) Limited. Active in China, Taiwan and Hong Kong in the media areas of television channels, print, outdoor advertising and the Internet
      • TOM Online Inc. NASDAQ: TOMO, SEHK: 8282, listed on the Growth Enterprise Market, 65.73% owned by TOM Group Limited, 0.22% owned by Hutchison Whampoa Limited, and 0.11% owned directly by Cheung Kong (Holdings) Limited.
  • CK Life Sciences Int'l., (Holdings) (長江 生命 科技 集團 有限公司) SEHK: 8222, listed on Growth Enterprise Market, 44.30% owned by Cheung Kong (Holdings) Limited. Active in the fields of pharmaceuticals and the environment
Corporate structure

Well-known construction projects by Hutchison Whampoa and Cheung Kong (Holdings)

Within the Hutchison Whampoa Property and Hotel Group:

  • Hotels: Harbor Plaza Resort City and Harbor Plaza North Point (Harbor Plaza Hotels & Resorts).
  • High- rise office buildings: Cheung Kong Center (Hong Kong), World-Wide House, Shun Tak Center.
  • Private Buildings: City One Shatin, Tierra Verde (Hong Kong) and Caribbean Coast Phase I - Monterey Cove.
  • Industrial building: Modern Warehouse.

About Hutchison Harbor Ring Limited:

Web links

Commons : Cheung Kong  - collection of pictures, videos and audio files

Individual evidence

  1. ↑ Cheung Kong (Holdings) - About ( Memento July 17, 2006 in the Internet Archive ), accessed June 1, 2019
  2. ↑ Cheung Kong Holdings - Group Structure ( Memento July 11, 2007 in the Internet Archive ), accessed June 1, 2019
  3. ^ Hutchison Telecom - Our Business ( Memento April 15, 2007 in the Internet Archive ), accessed on June 1, 2019
  4. ^ Cheung Kong Infrastructure Holdings - Our Business
  5. ↑ Hutchison Harbor Ring - Our Business ( Memento of May 15, 2007 in the Internet Archive ), accessed on June 1, 2019
  6. ↑ TOM Group - Company Overview ( Memento from August 14, 2007 in the Internet Archive ), accessed on June 1, 2019
  7. ^ CK Life Sciences in the English language Wikipedia
  8. ^ CK Life Sciences Int'l. - Products ( Memento of September 27, 2007 in the Internet Archive ), accessed on June 1, 2019