• Thu
  • Aug 28, 2014
  • Updated: 4:59pm

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.

Saturday, 26 May, 2012, 12:00am

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