CK Hutchison
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CK Hutchison

CK Hutchison
CK Hutchison
CK Hutchison Holdings is one of two flagship companies of retired Hong Kong business tycoon Li Ka-shing. Its businesses span ports, retail, infrastructure and telecommunications. It is one of the world's biggest container terminal operators and port services providers, with holdings in more than 50 ports spread out over two dozen countries. The company is headed by Li Ka-shing's eldest son, Victor Li Tzar-kuoi.
Chairman / President
LI Tzar Kuoi, Victor
CEO / Managing Director
Canning Fok
CFO / Finance Director
John Sixt
Industry
Telecommunications
Website
ckh.com.hk
Headquarters address
48th Floor, Cheung Kong Center, 2 Queen's Road Central, Hong Kong
Stock Code
SEHK:1
Year founded
2015
last updated:
30 September, 2024
Italy’s finance police is investigating Wind Tre, the country’s third-biggest phone company, for alleged tax evasion. Photo: Shutterstock
Italy

CK Hutchison’s Wind Tre unit faces Italian tax probe in €3.4 billion asset sale

The alleged evaded taxes would amount to about €132 million for 2022 on the sale of mobile phone towers, according to a document.

Hong Kong property

Li Ka-shing’s entities post lower profits, won’t bet against Hong Kong’s outlook

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Retailing

ParknShop imports mainland goods as Hongkongers hunt for bargains in Shenzhen

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Hong Kong property

Hong Kong must do whatever it takes to maintain financial hub status: Victor Li

‘There are only a few [international financial centres], and Hong Kong is one of them. It is hard-won. We must not lose this place,’ CK Hutchison and CK Asset chairman says.

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CK Asset Holdings signage is seen at the construction site of the Cheung Kong Center II commercial building in Central. Photo: Bloomberg
Li Ka-shing

Li Ka-shing’s CK Hutchison ends Italian telecoms joint venture with Sweden’s EQT

‘Conditions precedent to closing of the transaction were not satisfied,’ CK Hutchison says in exchange filing. The deal, which was announced last May, had set an enterprise value for the joint venture of US$3.7 billion.

Medicine

Chinese cancer drug developer HutchMed eyes global expansion after FDA approval

HutchMed is poised to market its self-developed cancer drug ‘fruquintinib’ in Japan and Europe, after partner Takeda receives approval to market the drug in the US to treat metastatic colorectal cancer.

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Hong Kong property

Li Ka-shing’s flagships see profits plunge as high interest rates take a toll

CK Hutchison Holdings and CK Asset Holdings, the two flagship companies of Hong Kong’s richest man Li Ka-shing, reported a drop in their first-half earnings, as the high interest rate environment continued to pile pressure on businesses in the city.

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Flags of CK Hutchison outside the Cheung Kong Centre in Central. The conglomerate said net profits plunged 41 per cent to HK$11.2 billion (US$1.43 billion). Photo: SCMP Pictures
Mergers & Acquisitions

CK Hutchison to form new Italian telecoms company with Sweden’s EQT

CK Hutchison’s Wind Tre will transfer its active network equipment and wholesale mobile and wholesale fixed communications services business in Italy to the new company, which will have an enterprise value of US$3.7 billion.

Hong Kong economy

First senior UK official to visit Hong Kong in 5 years meets CK Hutchison’s Victor Li

In an opinion piece for the Post, trade minister Dominic Johnson says he will meet leading investors and government officials to capitalise on Hong Kong’s commercial success.

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Hong Kong property

Li Ka-shing’s CK Hutchison, CK Asset post first-half earnings increases

CK Hutchison Holdings and CK Asset Holdings, the two flagship companies of Li Ka-shing, Hong Kong’s richest man, reported increases in their first-half results on Thursday, despite a “worrisome” Covid-19 situation in mainland China and Hong Kong.

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A CK Asset Holdings sign at a construction site in Hong Kong. Photo: Bloomberg
Hutchison

CK Hutchison gets conditional approval to sell UK tower assets in US$4 billion deal

Britain’s competition watchdog has approved CK Hutchison Holdings’ sale of its tower assets in the United Kingdom to Spanish mobile telephone infrastructure operator Cellnex Telecom in a deal valued at about €3.7 billion (US$4 billion).

Cellnex will pay CK Hutchison in cash and shares. Photo: Nora Tam
Banking & finance

CK Hutchison, Ooredoo agree to US$6.1 billion Indonesian wireless merger

Merger of CK Hutchison’s Indonesian wireless operations with PT Indosat will allow the combined business to better compete with Indonesia’s dominant carrier Telkomsel.

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Hutchison Whampoa

How two Hong Kong-owned ports will help UK pivot to Asia after Brexit

Felixstowe and Harwich, on England’s east coast, are part of the Freeport East plan designed to create low-tax, low-regulation zones.

Li Ka-shing

CK Hutchison sells European wireless towers for US$11.7 billion

The company, controlled by Hong Kong tycoon Li Ka-shing, is to sell 25,000 tower sites in the UK, Italy, Sweden, Denmark, Austria and Ireland, to Spanish mobile towers operator Cellnex Telecom.

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The company said it will sell 25,000 tower sites in the UK, Italy, Sweden, Denmark, Austria and Ireland. Photo: Shutterstock
Li Ka-shing

CK Hutchison poised to sell Europe cell tower business to Cellnex for US$11.7 billion

Hong Kong billionaire Li Ka-shing’s CK Hutchison Holdings is poised to sell its European wireless towers business to Spanish mobile towers operator Cellnex Telecom for €10 billion (US$11.7 billion).

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Cellnex equipment at a site in Madrid. If the deal goes ahead, it will allow the company to enter new markets such as Austria, Denmark and Sweden. Photo: Reuters
Li Ka-shing

Li Ka-shing losing his magic touch as investors ignore his companies

Despite a series of purchases, CK Asset’s stock is sinking towards its record low set in March last year, while CK Hutchison is nearing its lowest level since 2015.

Li Ka-shing

CK Hutchison, CK Asset profits hit as coronavirus weighs on businesses

CK Hutchison’s profit first-half declined 29 per cent as pandemic hit its retail, ports and energy arms, while CK Asset’s profit fell by a much wider 35.5 per cent.

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US-China tech war

Israel rejects Hong Kong firm’s project bid as US warns of Chinese investment

Selection of IDE Technologies for US$1.5 billion desalination project follows US Secretary of State Mike Pompeo’s opposition to Chinese infrastructure involvement.

Israel has chosen local firm IDE Technologies to handle a new desalination project instead of an affiliate of Hong Kong-based CK Hutchison Holdings. Photo: Reuters
US-China relations

Israel to review CK Hutchison water plant bid after US warning

Hong Kong-based company is in the running to build and operate a massive desalination plant near a military base.

Li Ka-shing

Coronavirus: Li Ka-shing’s CK Asset, CK Hutchison reveal extent of hurt

CK Asset Holdings issued its first profit warning ever on Thursday, while CK Hutchison said its retail earnings might be halved this year after the coronavirus pandemic forced it to shut stores for many months in mainland China, Europe and the United Kingdom.

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Stocks

Stocks Blog: Hang Seng Index gains, with Link REIT, CK Hutchison Holdings rising

China property stocks get boost from news proposed property tax will likely be further delayed. 

Bull sculpture at the Hong Kong Stock Exchange. Photo: SCMP
Mergers & Acquisitions

Deal maker Li Ka-shing and son Victor rack up huge advisory fee bill

CK Hutchison and sister company CK Asset Holdings ranked as top advisory fee-paying companies with a tab of US$126.9 million since 2015.

Hong Kong tycoon Li Ka-shing (right) confers with his son Victor Li at CK Hutchison Holdings’ results announcement on March 16, 2018. Since Li Ka-shing’s retirement, Victor Li has taken up his father’s mantle. Photo: AP
IPO

CK Hutchison-controlled Chi-Med applies to list in Hong Kong

Hutchison China Meditech, or Chi-Med, a biopharmaceutical company controlled by Hong Kong conglomerate CK Hutchison Holdings, has applied to list on the city’s stock exchange.

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