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Hutchison Whampoa

Hutchison Whampoa is controlled by the Cheung Kong Group, and headed by Li Ka-shing, Asia’s wealthiest man, who has been nicknamed “Superman” because of his investment prowess. Its operations include ports, with property and hotels, retailing telecommunications (Hutchison Telecommunications International) and infrastructure (Cheung Kong Infrastructure).

CFO / Finance Director

Sir Li Ka-shing (Chairman)

Industry

Conglomerate

Website

hutchison-whampoa.com

Headquarters address

Hong Kong

Year founded

1863

last updated:

30 September, 2024

A cargo ship in the Agua Clara Locks of the Panama Canal. Photo: AFP

Hong Kong politics

Trump wants the Panama Canal. Just empty talk, or a real threat for Hong Kong?

Panama has rejected president-elect’s threats, but Hong Kong and mainland Chinese companies have much at stake.

13 Jan 2025 - 7:22PMvideocam

Victor Li

CK Hutchison’s Victor Li and Canning Fok step aside as managing directors

23 Mar 2024 - 11:12PM

SCMP’s 120th anniversary

Here are a few Hong Kong companies that began before the Post in 1903

15 Nov 2023 - 6:26PMvideocam

Mergers & Acquisitions

Singapore’s PSA may sell Hutchison Ports stake to China’s state firms

Billionaire Li Ka-shing ’s conglomerate CK Hutchison counts businesses spanning ports, retail, infrastructure and telecommunications, with holdings in about 51 ports in 25 countries, its website shows.

14 Mar 2023 - 1:45PM

Gantry cranes operated by Hongkong International Terminals Limited (HIT)., a unit of CK Hutchison Holdings’ Hutchison Port Holdings at the Kwai Tsing Container Terminals in Hong Kong on Monday, March 13, 2023. Photo: Bloomberg.

Hong Kong property

Hong Kong’s richest man plans to add 15,075 homes to city’s supply

The land value is estimated at HK$22 billion, although Hutchison has not put a price tag on developing the project.

10 Mar 2023 - 8:13PM

Banking & finance

Chinese, Hong Kong businesses sweat fallout of a diminished British pound

From Li Ka-shing’s empire to an office tower bought by James Tien Pei-chun’s Manhattan Garments Group, the whipsawing British pound could draw blood from some of Hong Kong and China’s biggest businesses.

15 Oct 2022 - 10:00AMvideocam

Weekend Property

CK Asset leans on tumbling pound to sell new London luxury project

CK Asset launches the first 20 units of its Powerhouse development in Kensington and Chelsea amid Sterling’s recent plunge.

8 Oct 2022 - 7:01PMvideocam

CK Asset’s Powerhouse luxury property project in the Royal Borough of Kensington and Chelsea in London. Photo: Handout

Mergers & Acquisitions

Vodafone confirms potential tie-up with Hutchison’s Three UK

A combination of Vodafone and Three UK has been speculated for years, and Vodafone has teamed up with CK Hutchison in other markets including Australia.

3 Oct 2022 - 9:29PM

Hong Kong property

Li family’s flagships beat earnings forecasts with assets, discipline

The conglomerate, with businesses touching almost every aspect of the average Hongkonger’s life, said it was able to pull through the pandemic because of its “financial discipline, resilience and agility.”

17 Mar 2022 - 7:23PM

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.

17 Sep 2021 - 10:37PMvideocam

Gardeners working outside the head office of PT Indosat in Jakarta. Photo: AP

Cheung Kong

Li Ka-shing’s flagships post better-than-expected results amid recovery

The two sets of financial results by one of Hong Kong’s bellwether conglomerates underscore how two successive quarters of economic growth is slowly trickling into corporate earnings, as the city continues to grapple with a recession and record high unemployment wrought by the coronavirus pandemic.

5 Aug 2021 - 11:04PM

CK Hutchison Holdings’s flags outside the company's headquarters in Hong Kong on March 21, 2019. Photo: AFP

Hong Kong company reporting season

Profits slump at Li Ka-shing’s flagships Hutchison and CK Asset

CK Hutchison and CK Asset posted sharply lower profits as economic disruptions caused by the pandemic took a toll on operations ranging from ports to property.

18 Mar 2021 - 8:47PMvideocam

Trade

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.

8 Mar 2021 - 4:23PM

Millionaires and billionaires

Hong Kong’s former best-paid executive puts two houses up for sale

Property owners have been encouraged to lock in the appreciations of their investments, after Wharf (Holdings) paid a record HK$12 billion for a parcel of land on Mansfield Road on The Peak via government tender in December.

4 Feb 2021 - 7:30AM

64 and 66 Chung Hom Kok Road near Stanley on the southern tip of Hong Kong Island. Photo: Google

Venture capital market

Exclusive | Li Ka-shing’s seeker is a woman with uncanny bets on Facebook, Zoom, Siri

Backed by Hong Kong tycoon Li Ka-shing, Solina Chau has turned Horizons Ventures, established to finance Li’s philanthropy, into one of Asia’s most formidable venture capital funds.

23 Nov 2020 - 2:55PM

Solina Chau Hoi-shuen, co-founder of Horizons Ventures. Photo: Handout

Li Ka-shing

Victor Li pushes Husky Energy into US$18 billion merger to end oil losses

CK Hutchison is backing an US$18 billion merger between its unit Husky Energy and Canadian rival Cenovus Energy to help end losses from global oil-market slump.

26 Oct 2020 - 9:37AM

Disease

CK Life to market test kits to help Hong Kong diagnose Covid-19 faster

The introduction of the test kits comes as the coronavirus pandemic is developing a so-called second wave of worldwide infections in Europe and North America.

26 Mar 2020 - 8:16PMvideocam

Cheung Kong

All eyes on son of ‘Superman Li’ as he steers CK through Hong Kong’s slump

All eyes are on Li as he steers one of Hong Kong’s most renowned companies through a pandemic. The last time the city’s economy caught a similar slump in 2003, Cheung Kong’s reins were in the grips of an entrepreneur dubbed “Superman Li” for his deal making prowess.

19 Mar 2020 - 11:02PM

Victor Li

‘Superman’ returns to China with Cheung Kong’s US$360m venture

CKI has signed an agreement to set up a venture with Shenzhen-listed Jilin Power, a unit of State Power Investment Corporation, it said in a statement

7 Jan 2020 - 10:36PMvideocam

Climate change

If Mangkhut was bad, wait till the next super typhoon hits at high tide

Super Typhoon Mangkhut, which left Hong Kong with a HK$3.1 billion (US$397 million) insurance bill as it swept past the city last summer, could have been even more devastating, if it had hit during high tide.

23 Nov 2019 - 9:53AMvideocam

Medicine

CK Life’s shares soar after favourable trial results on skin cancer drug

In the US alone, 96,000 new cases of melanoma - skin cancer that primarily afflicts people with fair skin after severe exposure to ultraviolet light - are expected this year, resulting possibly in 7,000 deaths, according to CK Life’s chief operating officer Alan Yu Ying-choi

7 Nov 2019 - 9:12AM

CK Hutchison’s founder Li Ka-shing (centre) and CK Life Sciences’ chairman Victor Li Tzar-kuoi (right) at the listing ceremony of the pharmaceutical and agriculture produce company’s shares in Hong Kong on 3 July, 2002. Photo: SCMP

Hong Kong property

Hong Kong-listed property firms donate over US$2 billion in past two years

China Evergrande Group was the biggest donor last year, handing out HK$4.3 billion, some 5.7 per cent of its annual profit, according to a study by Sodata Analytics Foundation Association.

7 Oct 2019 - 2:02PM

China Evergrande was the biggest donor among Hong Kong-listed property companies last year. Photo: Reuters

Carrie Lam

Opinion | As Hongkongers leave the city, mainland capital will move in

The city that has already witnessed two major power transfers in the past 50 years is going through its third, as mainland companies become more influential than the local business elite. However the current unrest ends, a wave of migration is expected to hit.

20 Sep 2019 - 9:06AM

Cheung Kong

Chinese report ‘shames’ Fortune 500 firms that mislabel territories

Researchers produce study to highlight ‘failings’ of firms like CK Hutchison Holdings, AIA Group and Taiwan Semiconductor Manufacturing.

12 Sep 2019 - 11:07PM

Li Ka-shing

Li Ka-shing’s port trust kicked off Straits Times Index amid trade spat

Hong Kong, once the world’s busiest container port, has lost volumes to its neighbours in the last two decades and slipped in global rankings to seventh place last year, falling behind Shanghai, Singapore, Ningo, Shenzhen, Guangzhou and Busan.

6 Sep 2019 - 4:23PM

Signage for Hong Kong International Terminal (HIT), a unit of CK Hutchison Holdings, on gantry cranes at Container Terminal 9 at Kwai Tsing Container Terminal in Hong Kong on Tuesday, January 22, 2019. Photo: Bloomberg

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.

9 May 2019 - 10:19PM

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

Mergers & Acquisitions

Vodafone Australia, TPG Telecom merger blocked by regulator

Australian competition regulator blocks planned US$7.7 billion deal that would merge TPG Telecom and Vodafone Hutchison Australia Pty

8 May 2019 - 5:29PM

Transport and logistics

China gives makers of cranes, containers leg up with ports’ growth

The explosive growth in China’s ports since the country’s WTO membership has bolstered home-grown vendors in the shipping industry, helping them dominate the supply of cranes and shipping containers

13 Apr 2019 - 12:45PM

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