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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

Hong Kong stock market

BlackRock, at centre of Panama ports deal, is big owner of China stocks

World’s largest money manager has at least seven funds dedicated to Chinese stocks; five are passive ETFs and two are actively managed.

1 Apr 2025 - 9:42AM

Mergers & Acquisitions

Hutchison says it is evaluating spin-off of global telecoms business

31 Mar 2025 - 10:40PM

Hong Kong politics

Hutchison’s Panama ports exit inevitable: analysts

2 Apr 2025 - 2:21PM

Hong Kong politics

Devil in the details of the Hutchison-BlackRock Panama ports deal

Hong Kong-based port operator has to contend with local politics and mounting pressure from US, which wants to reduce mainland Chinese influence.

25 Mar 2025 - 9:15AMvideocam

Sailors wave the China and Panama flags during a visit by Chinese President Xi Jinping to the Latin American country in 2018. Photo: Reuters

China economy

Hutchison criticism mounts, global CEOs at China Development Forum and more

This week: Hutchison heat mounts, Beijing’s consumption action plan and BYD’s fast-charging tech. Next week: Foreign CEOs at China Development Forum, US port fee hike hearing, foreign ministers of China, Japan and South Korea to meet, and more.

21 Mar 2025 - 5:00PM

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

Li and Fok will stay on as co-executive directors, while Fok will serve as deputy chairman and chairman of its telecoms arm.

23 Mar 2024 - 11:12PM

Victor Li Tzar-kuoi, chairman of CK Asset and CK Hutchison, at the announcement of CK Asset’s 2022 results. Photo: Handout

SCMP’s 120th anniversary

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

At least a dozen of those companies that preceded the 1903 birth year of the South China Morning Post remain to this day.

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

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

A view of Hutchison United Dockyard Limited’s land (left of the bridge) and the government’s idle plot (right of the bridge) in Tsing Yi on 10 Mar 2023. Photo: Martin Chan.

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

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

People walk before flags of CK Hutchinson Holdings outside the company’s headquarters in Hong Kong on March 21, 2019.Photo: AFP

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

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

Felixstowe is the UK’s largest container port, with about 40 per cent of market share, and it already takes in much of the trade from Asia. Photo: AFP

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

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

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

Victor Li Tzar-kuoi, Chairman and Group Co-Managing Director of CK Hutchison, during a media briefing in Central, Hong Kong in March 2019. Photo: Jonathan Wong

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

Covid-19 nasal swab laboratory test in hospital lab on 22 March 2020. Photo: Shutterstock

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

A flooded playground at Heng Fa Chuen, a Hong Kong housing estate, in the aftermath of Super Typhoon Mangkhut. Photo: Winson Wong

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

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

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