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). Hutchison is also a major shareholder of Husky Energy, one of Canada’s largest energy and energy related companies.
The biggest property sale since the latest squeeze on mortgages proved a sell-out as Li Ka-shing's CK Hutchison sold 740 flats at its Hemera project in Tseung Kwan O after offering discounts of 20 per cent.Wednesday, 15 April, 2015, 1:48pm 21 comments
Hutchison Whampoa, the Hong Kong conglomerate owned by Asia’s richest man, Li Ka-shing, has bought Britain’s second-largest mobile carrier, O2, for £10.25 billion (HK$118.23 billion).
The deal was first announced on January 23. O2 was owned by Spain’s Telefonica.
Hutchison shares climbed 1.16 per cent in early morning trading on Wednesday to HK$104.8.25 Mar 2015 - 10:20am
Hutchison Port Holdings Trust took a HK$19 billion “goodwill” impairment write-down of its Hong Kong terminal assets, amid concerns Li Ka-shing is retreating from Hong Kong.7 Feb 2015 - 1:37pm 6 comments
Billionaire-industrialist Li Ka-shing is about to make his biggest telecommunications-related acquisition, with a deal to buy British mobile operator O2 for as much as 10.25 billion pounds (HK$119.4 billion).23 Jan 2015 - 6:29pm
Hutchison Harbour Ring’s unaudited net profit for the nine months to September nearly halved to HK$77.46 million, the property company said in a statement to the stock exchange on Tuesday morning.
The company, a unit of Li Ka-shing’s Hutchison Whampoa, invests in commercial property in Shanghai. Its net profit in first nine months of 2013 was HK$149.5 million.21 Oct 2014 - 11:05am
SmarTone Telecommunications, CSL, Hutchison Telecommunications Hong Kong and PCCW's HKT are to be invited by the legislative body's panel on information technology and broadcasting to discuss the issue on March 27, according to a Legco document.14 Mar 2013 - 6:41am
Efforts by Hong Kong's four leading mobile network service providers to renew their 3G spectrum is shaping up to be a battle of wills against China Mobile, the world's largest wireless network operator.13 Mar 2013 - 5:21am
The government, represented by the Communications Authority, is expected to decide on that plan in October, which would be exactly three years before the 3G spectrum licences of CSL, SmarTone Telecommunications, Hutchison Telecommunications Hong Kong and PCCW's HKT are due to expire.12 Mar 2013 - 6:29am
Dubai's DP World has boosted its cash reserves by billions of Hong Kong dollars after two separate deals yesterday involving its facilities at Hong Kong's Kwai Tsing container port. One was a container terminal disposal to Hutchison Port Holdings Trust, while the other was with Australian property giant Goodman.8 Mar 2013 - 5:37am
Macau casino operator MGM China declared a special dividend of HK$1.02 per share as it posted unaudited earnings before interest, taxes, depreciation and amortisation of HK$5.31 billion last year, up 7.7 per cent from 2011.21 Feb 2013 - 6:07am
Hutchison Telecommunications Hong Kong has joined forces with Canada's Fixmo to deliver "high-grade" personal data security to smartphone users in the city.27 Nov 2012 - 4:14am
Back in the days before e-mail, Victor Li, the heir to Asia’s largest family fortune, used to sleep with a fax machine by his bed, ready for his famously restless father, Li Ka-shing, to send through instructions at any time of night.15 Oct 2012 - 5:49pm
Li Ka-shing's flagship conglomerate Hutchison Whampoa and his namesake charitable foundation have cancelled a US$125 million deal to acquire a majority stake in Scailex, the parent of Israeli mobile and fixed-line network operator Partner Communications.22 Aug 2012 - 4:21am
Li Ka-shing's flagship conglomerate, Hutchison Whampoa, and his namesake charitable foundation agreed yesterday to take control of debt- laden Scailex.
They will buy the company, the parent of Israeli mobile network operator Partner Communications, for a total consideration of US$125 million from Suny Electronics.6 Jun 2012 - 12:00am
Hutchison Telecommunications International, which wants subscribers to its third-generation mobile-telephone business to try more non-voice applications, is offering Hong Kong users a flat-rate tariff for unlimited use of a new series of services, according to a company executive.23 Jan 2007 - 12:00am