Vodafone Essar

Li Ka-shing spells out sons' futures

Li Ka-shing, Asia's richest man, yesterday spelled out a succession plan to split his business empire between his two sons in a way he said would ensure no conflict between them.

Tuesday, 5 May, 2015, 12:02pm

One-off gain boosts Hutchison profits

Hutchison Whampoa yesterday reported record half-year profits driven mainly by a big one-off gain from the listing of its port assets in Singapore.

5 Aug 2011 - 12:00am

Thanks to iPhone, Li's 3G dream finally gains critical mass

After a decade of promises and billions of dollars in investment - one estimate puts the global phone bill at around HK$240 billion - the 3G dream might finally be coming true for Li Ka-shing's Hutchison Whampoa.

And it is largely thanks to Twitter, Facebook and other social media.

30 Mar 2011 - 12:00am

Hutchison House project wins approval

Hutchison Whampoa has won the Buildings Department's approval to redevelop its 34-year-old headquarters in Central, Hutchison House, into a 47-storey office building from 23 storeys. The new project, at 10 Harcourt Road, could provide a gross floor area of 493,496 square feet, compared with about 500,000 sqft now.

25 Nov 2008 - 12:00am

Orascom slashes stake in Hutchison Telecom

Orascom Telecom Holding, the second-largest shareholder in Hutchison Telecommunications International Ltd (HTIL), reduced its stake in the emerging markets operator through a private placement yesterday, the first time since a strategic deal worth HK$10 billion was signed in late 2005.

26 Oct 2007 - 12:00am

Strong 3G growth helps HTIL jump back to profits

Hutchison Telecommunications International, a unit of conglomerate Hutchison Whampoa, rebounded to a first-quarter profit of HK$220 million from a HK$24 million loss a year ago, driven by strong growth in its third-generation mobile business.

9 May 2007 - 12:00am

Analysts bullish on Hutchison

Shares in Hutchison Whampoa rose as much as 1.19 per cent yesterday after analysts upgraded forecasts for the company's share-price target and earnings following a smaller than expected loss in its third-generation mobile-telephone business last year.

The stock climbed to HK$76.30 in the morning before pulling back to close 0.6 per cent ahead at HK$75.40.

24 Mar 2007 - 12:00am

India and Israel earnings anchor HTIL turnaround

Hutchison Telecom surges back into the black with a full-year HK$201m profit but decides against paying final dividend

Hutchison Telecommunications International Ltd (HTIL), the emerging markets telecommunications unit of conglomerate Hutchison Whampoa, swung into the black last year after a strong performance from its Indian and Israeli mobile-telephone operations.

21 Mar 2007 - 12:00am

Lai See

Conspiracy theorists feed on HTIL plunge after hutchison essar sale

Go figure.

A day after Li Ka-shing's Hutchison Telecommunications International Ltd sells its stake in Indian mobile operator Hutchison Essar to Vodafone for HK$86.5 billion, shares of HTIL fell harder than Humpty Dumpty, ending 15 per cent lower at HK$16.28.

14 Feb 2007 - 12:00am

HTIL books HK$75b India gain

Sale of mobile assets to Vodafone will help cut Hutchison's 3G debt in Europe

Hutchison Telecommunications International Ltd, which is to sell its Indian mobile-telephone interests to Britain's Vodafone Group, will book a pre-tax gain of HK$75 billion from the sale, the company said last night.

13 Feb 2007 - 12:00am

Hutchison Telecom favours bid by Vodafone

World's largest mobile-phone firm and Reliance front runners for Indian unit

Hutchison Telecommunications International, a subsidiary of Hutchison Whampoa, favours potential bids from Reliance Communications and Vodafone Group for its Indian unit, market sources said.

2 Feb 2007 - 12:00am

India and Israel units help HTIL post profit

Hutchison Telecom earns HK$2m as subscribers surge in the two markets

Hutchison Telecommunications International Ltd (HTIL), the emerging-market telecommunications arm of Hutchison Whampoa, turned a first-half profit as earnings from its India and Israel units offset losses elsewhere.

17 Aug 2006 - 12:00am

In Brief

SFC details extensive company investigations

The SFC has conducted 57 listed company investigations in the past eight years and referred 18 potential fraud cases to the police, four to the ICAC and seven to the stock exchange, the SFC chairman, Martin Wheatley, told the 3rd Independent Commission Against Corruption Symposium yesterday.

11 May 2006 - 12:00am

Hutchison eyes port stake

Hutchison Whampoa, the world's biggest operator of container ports, is using its clout as a potential buyer to push for a lower valuation for next month's anticipated $1.05 billion share sale by Tianjin Port Development, market sources say.

26 Apr 2006 - 12:00am

Fears for greenback and growth pull index down

Prospect of China cooling measures adds to downbeat mood as shares soften after rally

25 Apr 2006 - 12:00am