https://www.scmp.com/rss/524145/feed Victor Li Tzar-kuo currently serves as Chairman and Executive Director of CK Hutchison Holdings. He also chairs CK Asset Holdings, CK Infrastructure Holdings, and CK Life Sciences, and holds directorships in other significant entities. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Kevin Li Kevin Li Hong Kong conglomerate CK Hutchison has said it will pursue “all available legal remedies” through both national and international proceedings to resolve a dispute over its two Panama Canal ports seized by authorities in February. Amid the widening conflict in the Middle East which could further complicate its multibillion-dollar global ports sale, the company downplayed the possible impact of a Strait of Hormuz blockade on its business, saying its diversified network could even benefit from... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3347206/ck-hutchison-vows-pursue-all-legal-remedies-over-seized-panama-ports?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3347206/ck-hutchison-vows-pursue-all-legal-remedies-over-seized-panama-ports?utm_source=rss_feed Thu, 19 Mar 2026 14:02:41 +0000 Cheryl Arcibal,Peggy Ye Cheryl Arcibal,Peggy Ye CK Hutchison Holdings, one of the flagship companies owned by Hong Kong billionaire Li Ka-shing’s family, reported a 7 per cent increase in underlying profit for 2025, as the company predicted its businesses would face “new and perhaps unforeseen challenges” in 2026. The ports-to-telecoms conglomerate said on Thursday that underlying profit reached HK$22.3 billion (US$2.85 ‌billion) last year, compared with HK$20.8 billion a year earlier. Including a one-time ⁠accounting loss, net profit fell... https://www.scmp.com/business/article/3347168/hong-kongs-ck-hutchison-reports-7-gain-underlying-profit-amid-unforeseen-challenges?utm_source=rss_feed https://www.scmp.com/business/article/3347168/hong-kongs-ck-hutchison-reports-7-gain-underlying-profit-amid-unforeseen-challenges?utm_source=rss_feed Thu, 19 Mar 2026 09:32:39 +0000 Peggy Ye Peggy Ye A consortium comprising CK Infrastructure Holdings, CK Asset Holdings and Power Assets Holdings has agreed to sell all of its interest in UK Power Networks to French multinational electric utility Engie in a deal worth £10.5 billion (US$14.2 billion), according to a joint filing issued before the Hong Kong market opened on Thursday. The agreement was signed after trading hours on Wednesday in Hong Kong, London and Paris. The announcement triggered a rally across the CK group’s Hong Kong-listed... https://www.scmp.com/business/banking-finance/article/3344660/ck-group-agrees-sell-uk-electricity-operator-us142-billion?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3344660/ck-group-agrees-sell-uk-electricity-operator-us142-billion?utm_source=rss_feed Thu, 26 Feb 2026 00:38:30 +0000 Danny Mok Danny Mok A wild boar carcass found outside the luxury Deep Water Bay residence of Hong Kong’s richest man Li Ka-shing triggered a brief scare over possible human remains before authorities confirmed on Thursday that it was an animal. A 61‑year‑old security guard at Li’s home at 79 Deep Water Bay Road called police shortly before noon on Thursday after detecting a strong odour. Officers arrived and discovered the carcass of a wild boar at the bottom of a 20-metre (66-foot) slope. The Food and... https://www.scmp.com/news/hong-kong/society/article/3340867/wild-boar-carcass-found-near-li-ka-shings-home-hong-kong-sparks-brief-scare?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3340867/wild-boar-carcass-found-near-li-ka-shings-home-hong-kong-sparks-brief-scare?utm_source=rss_feed Thu, 22 Jan 2026 10:46:28 +0000 Cheryl Arcibal Cheryl Arcibal CK Infrastructure Holdings is poised to complete the disposal of UK Rails (Eversholt Rail) this month following London’s approval of the deal, according to the company, which is part of Hong Kong tycoon Li Ka-shing’s business empire. The train leasing company is owned by a consortium of the group’s companies: CK Infrastructure, which holds 65 per cent, along with CK Asset Holdings (20 per cent), Power Asset Holdings (10 per cent) and CK Hutchison Holdings (5 per cent), according to the... https://www.scmp.com/business/article/3339897/li-ka-shings-ck-infrastructure-gets-nod-sell-train-leasing-firm-uk-rails?utm_source=rss_feed https://www.scmp.com/business/article/3339897/li-ka-shings-ck-infrastructure-gets-nod-sell-train-leasing-firm-uk-rails?utm_source=rss_feed Wed, 14 Jan 2026 11:00:11 +0000 Oscar Liu Oscar Liu Hong Kong’s property tycoons made high-profile appearances to cast their ballots during Sunday’s Legislative Council election and urged the public to fulfil their civic duty. Sun Hung Kai Properties (SHKP) chairman and managing director Raymond Kwok Ping-luen voted at the Wong Chuk Hang Sports Centre in Aberdeen on Sunday morning. SHKP said it had introduced several measures to encourage its staff and the public to fulfil their civic duty by voting to elect capable candidates. The Legco poll,... https://www.scmp.com/news/hong-kong/politics/article/3335526/hong-kong-property-tycoons-turn-heads-poll-urge-voters-fulfil-civic-duty?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3335526/hong-kong-property-tycoons-turn-heads-poll-urge-voters-fulfil-civic-duty?utm_source=rss_feed Sun, 07 Dec 2025 14:22:26 +0000 Daniel Ren Daniel Ren China saw a remarkable increase in the number of ultra-wealthy individuals over the past year, driven by a bull market in stocks, with leaders of “new economy” companies emerging as the primary beneficiaries, according to the Hurun Research Institute. A record 1,434 individuals made it onto Hurun’s latest China Rich List, each having a net worth of at least 5 billion yuan (US$702 million). This marked an increase of 340 individuals, or 31 per cent, from the previous year. The collective wealth... https://www.scmp.com/business/article/3330544/rich-list-chinas-billionaire-count-hits-record-stock-markets-surge?utm_source=rss_feed https://www.scmp.com/business/article/3330544/rich-list-chinas-billionaire-count-hits-record-stock-markets-surge?utm_source=rss_feed Tue, 28 Oct 2025 02:00:26 +0000 Julie Zhang Julie Zhang CK Asset Holdings, one of the flagship companies owned by billionaire Li Ka-shing’s family, reported weaker-than-expected first-half profit amid a challenging housing market in Hong Kong and declining rental income from its commercial properties. Profit attributable to shareholders fell 26.2 per cent to HK$6.3 billion (US$806.4 million) in the six months to June, according to a filing to the Hong Kong stock exchange on Thursday. The earnings were way below analysts’ expectations of about HK$14.2... https://www.scmp.com/business/banking-finance/article/3321886/ck-assets-first-half-profit-falls-26-amid-hong-kong-property-market-challenges?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3321886/ck-assets-first-half-profit-falls-26-amid-hong-kong-property-market-challenges?utm_source=rss_feed Thu, 14 Aug 2025 11:03:56 +0000 Enoch Yiu Enoch Yiu CK Hutchison Holdings’ controversial US$23 billion deal to sell 43 overseas ports – including two at the Panama Canal – will not be completed this year, group co-managing director Frank Sixt said in a post-results briefing on Thursday. Sixt updated analysts about the progress of the proposed sale after the company posted a 92 per cent plunge in its interim profit, as various one-off costs amounting to HK$10.47 billion (US$1.3 billion) weighed on its performance, according to an exchange... https://www.scmp.com/business/article/3321872/ck-hutchison-first-half-profit-drops-92-one-costs-uk-vodafone-three-merger?utm_source=rss_feed https://www.scmp.com/business/article/3321872/ck-hutchison-first-half-profit-drops-92-one-costs-uk-vodafone-three-merger?utm_source=rss_feed Thu, 14 Aug 2025 09:12:43 +0000 Peggy Sito Peggy Sito Victor Li Tzar-kuoi’s denial this week that his family home was being sold has stirred public curiosity about the address that has been the residence of one of Hong Kong’s wealthiest families and property developers for more than six decades. Located at 79 Deep Water Bay Road in the Southern district of Hong Kong Island, the mansion features three stories that sit atop an elevated podium with a swimming pool and a lawn to one side. The original building was bought in 1963 for HK$650,000 by Chong... https://www.scmp.com/business/companies/article/3320812/revealed-li-ka-shings-family-home-6-decades-and-subject-fabricated-rumours?utm_source=rss_feed https://www.scmp.com/business/companies/article/3320812/revealed-li-ka-shings-family-home-6-decades-and-subject-fabricated-rumours?utm_source=rss_feed Tue, 05 Aug 2025 09:00:17 +0000 Elizabeth Cheung Elizabeth Cheung The Hong Kong Chief Executive’s Council of Advisers has welcomed three new members, including two tech bosses from Hangzhou’s “Six Little Dragons” and a mainland Chinese economist who was a senior official with the International Monetary Fund (IMF). The government on Friday announced the appointment of 34 members to the second term of city leader John Lee Ka-chiu’s Council of Advisers, with the two-year appointment to start on Tuesday. Victor Li Tzar-kuoi, chairman of CK Hutchison Holdings, will... https://www.scmp.com/news/hong-kong/politics/article/3316158/hong-kong-leader-taps-2-tech-heads-hangzhous-little-dragons-advisers?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3316158/hong-kong-leader-taps-2-tech-heads-hangzhous-little-dragons-advisers?utm_source=rss_feed Fri, 27 Jun 2025 12:54:35 +0000