https://www.scmp.com/rss/209883/feed 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. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com https://www.scmp.com/news/hong-kong/politics/series/3303753/diving-deep-ck-hutchisons-panama-ports-exit?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/series/3303753/diving-deep-ck-hutchisons-panama-ports-exit?utm_source=rss_feed Tue, 25 Mar 2025 05:35:41 +0000 China’s financial regulator has taken a step towards ending the long-standing stalemate with the United States over corporate audits, making an overture to relieve some of the tensions that have routed New York-listed Chinese stocks in the past year. The China Securities Regulatory Commission (CSRC) is considering a new approach that grants the US Public Company Accounting Oversight Board (PCAOB) access to the audit papers of China-based companies after they are cleared by the Chinese finance... https://www.scmp.com/business/article/3171583/chinas-financial-regulator-plans-new-approach-break-deadlock-us-over?utm_source=rss_feed https://www.scmp.com/business/article/3171583/chinas-financial-regulator-plans-new-approach-break-deadlock-us-over?utm_source=rss_feed Wed, 23 Mar 2022 23:00:30 +0000 Li Ka-shing’s two flagship companies reported better- than- expected earnings last year, as asset sales and revaluations on investment properties helped Hong Kong’s wealthiest man beat forecasts even amid the global Covid-19 pandemic. CK Hutchison Holdings, the conglomerate with businesses in everything from consumer products to ports and telecommunications, said its 2021 net profit rose 15 per cent to HK$33.48 billion (US$4.28 billion), beating the consensus estimate of 10 analysts in... https://www.scmp.com/business/companies/article/3170853/li-ka-shings-flagships-post-better-expected-earnings-its-assets?utm_source=rss_feed https://www.scmp.com/business/companies/article/3170853/li-ka-shings-flagships-post-better-expected-earnings-its-assets?utm_source=rss_feed Thu, 17 Mar 2022 11:23:09 +0000 Britain’s competition watchdog has approved CK Hutchison Holdings’ sale of its tower assets in the United Kingdom to Spanish mobile telephone infrastructure operator Cellnex Telecom in a deal valued at about €3.7 billion (US$4 billion). The approval is conditional on Cellnex completing the sale of certain of its existing sites to an independent third party, CK Hutchison, which is chaired by Victor Li Tzar-kuoi, said in a statement on Friday. Cellnex will pay CK Hutchison in cash and shares, it... https://www.scmp.com/business/companies/article/3169233/britain-gives-conditional-approval-sale-ck-hutchisons-uk-tower?utm_source=rss_feed https://www.scmp.com/business/companies/article/3169233/britain-gives-conditional-approval-sale-ck-hutchisons-uk-tower?utm_source=rss_feed Fri, 04 Mar 2022 08:00:23 +0000 CK Hutchison Holdings and CK Asset Holdings, the listed flagships of billionaire Li Ka-shing, reported sharply lower annual profits as economic disruptions caused by the coronavirus pandemic took a toll on their retail, ports, hotel and property operations. CK Hutchison, the conglomerate with businesses spanning from container ports, retailing to telecommunications and energy, said net profit fell 27 per cent to HK$29.1 billion (US$3.7 billion) for 2020. It was the first profit decline since... https://www.scmp.com/business/companies/article/3126020/li-ka-shing-flagships-ck-hutchison-and-ck-asset-report-sharply?utm_source=rss_feed https://www.scmp.com/business/companies/article/3126020/li-ka-shing-flagships-ck-hutchison-and-ck-asset-report-sharply?utm_source=rss_feed Thu, 18 Mar 2021 12:30:21 +0000 Victor Li Tzar-kuoi, the new chairman of CK Hutchison Holdings and CK Asset Holdings, who recently took over from his father and Hong Kong’s richest man Li Ka-shing, on Thursday urged the government to boost house and land supplies as a long-term strategy even as property prices continued to rise for the 25th straight month in the city. CK Asset Holdings is one of the largest listed developers in Hong Kong. “Houses are for living besides investment,” said Li at the opening of A S Watson Group’s... https://www.scmp.com/business/companies/article/2148707/victor-li-urges-government-boost-land-flat-supplies-property?utm_source=rss_feed https://www.scmp.com/business/companies/article/2148707/victor-li-urges-government-boost-land-flat-supplies-property?utm_source=rss_feed Thu, 31 May 2018 12:25:04 +0000 Residential property prices in Hong Kong, already the world’s costliest urban centre to live in, will remain buoyant over the next two years because the supply of land and new homes cannot keep up with demand, said Li Ka-shing, the city’s wealthiest man and chairman of one of its biggest builders of apartments and luxury homes. Record property prices propelled the underlying profit of Li’s Cheung Kong Property Holdings up by 16 per cent to HK$18.03 billion (US$2.32 billion) last year, spurring... https://www.scmp.com/business/companies/article/2081240/hong-kong-home-prices-driver-ck-propertys-earnings-remain-buoyant?utm_source=rss_feed https://www.scmp.com/business/companies/article/2081240/hong-kong-home-prices-driver-ck-propertys-earnings-remain-buoyant?utm_source=rss_feed Wed, 22 Mar 2017 13:27:39 +0000