Cheung Kong Holdings: Difference between revisions
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== Hongkong Electric Holdings Limited == |
== Hongkong Electric Holdings Limited == |
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38.9% shares are held by Cheung Kong Infrastructure Holdings Limited. It is the listed Hongkong Electric group of companies which comprises of: |
The chairman of Hongkong Electric Holdings Limited is Mr. George Colin MAGNUS. 38.9% shares are held by Cheung Kong Infrastructure Holdings Limited. It is the listed Hongkong Electric group of companies which comprises of: |
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*The Hongkong Electric Company, Limited (HEC), |
*The Hongkong Electric Company, Limited (HEC), |
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*Hongkong Electric International Limited (HEI), |
*Hongkong Electric International Limited (HEI), |
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Revision as of 15:55, 1 March 2004
Cheung Kong Holdings is a large conglomerate headquartered in Hong Kong, consisting of five companies that are listed on the Hong Kong Stock Exchange. The chairman of Cheung Kong (Holdings) Limited is Mr. Li Ka Shing (李嘉誠).
Cheung Kong Holdings is one of the largest property developers of residential, office, retail, industrial, hotel and property developers in Hong Kong. With its long history of property development expertise, Cheung Kong Holdings has built many of Hong Kong's most notable landmark buildings and complexes.
Li Ka Shing founded Cheung Kong Industries in 1950 as a plastics manufacturer. Under his leadership the company grew rapidly and eventually evolved into a property investment company. "Cheung Kong (Holdings) Limited" was developed in a successful way from 1970s.
The five companies are:
- Cheung Kong (Holdings) Limited (長江實業(集團)有限公司 )
- Hutchison Whampoa Limited (和記黃埔有限公司)
- Cheung Kong Infrastructure Holdings Limited (長江基建集團有限公司)
- Hongkong Electric Holdings Limited (香港電燈集團有限公司 )
- CK Life Sciences Int'l., (Holdings) Inc.(CK Life Sciences)(長江生命科技集團有限公司)
The first three companies are constituent stocks of the Hang Seng Index, whereas the other two are listed on the Growth Enterprise Market of the Hong Kong Stock Exchange.
Cheung Kong (Holdings)
Cheung Kong (Holdings) is listed on the Hong Kong Stock Exchange since 1972. It is a property development and strategic investment company including property, investment, life sciences and IT & internet.
For the property development, it is one of the largest property developers in Hong Kong with its long history of property development expertise.It is also a leader in marketing and after-sales services.
Board of Directors
- Li Ka Shing
- LI Tzar Kuoi, Victor
- George Colin MAGNUS
- KAM Hing Lam
- CHUNG Sun Keung, Davy
- IP Tak Chuen, Edmond
- PAU Yee Wan, Ezra
- WOO Chia Ching, Grace
- CHIU Kwok Hung, Justin
- LEUNG Siu Hon
- FOK Kin-ning, Canning
- Frank John SIXT
- CHOW Kun Chee, Roland
- WONG Yick-ming, Rosanna
- HUNG Siu-lin, Katherine
- YEH Yuan Chang, Anthony
- CHOW Nin Mow, Albert
- Simon MURRAY, CBE
- KWOK Tun-li, Stanley
Group Structure
The group structure of Cheung Kong Holdins Limited is shown below:
Hutchison Whampoa Limited
Cheung Kong Holdings invest in Hutchison Whampoa Limited (HWL). 49.9% shares are held by Cheung Kong (Holdings) Limited, and Cheung Kong (Holdings) Limited is the major shareholder of Hutchison Whampoa Limited. The chairman of Hutchison Whampoa Limited is also Mr. Li Ka Shing. Hutchison Whampoa Limited is among the largest companies listed on the main board of the Hong Kong Stock Exchange and operates in 39 countries. It is a Hong Kong-based multinational conglomerate and invests in five core businesses:
- ports and related services;
- telecommunications;
- property and hotels;
- retail and manufacturing; and
- energy and infrastructure.
Cheung Kong Infrastructure Holdings Limited
The Chairman of Cheung Kong Infrastructure Holdings Limited is Mr. Li Tzar Kuoi, Victor. 84.6% shares are held by Hutchison Whampoa Limited. Cheung Kong Infrastructure Holdings Limited (CKI) is the largest diversified infrastructure company listed on the Hong Kong Stock Exchange. It is a Hong Kong-based diversified infrastructure company and it focuses in the development, investment and operation of infrastructure businesses in many countries such as Mainland China, Australia, Canada etc.
Hongkong Electric Holdings Limited
The chairman of Hongkong Electric Holdings Limited is Mr. George Colin MAGNUS. 38.9% shares are held by Cheung Kong Infrastructure Holdings Limited. It is the listed Hongkong Electric group of companies which comprises of:
- The Hongkong Electric Company, Limited (HEC),
- Hongkong Electric International Limited (HEI),
- Associated Technical Services Limited (ATS); and
- some minor subsidiaries.
The Hongkong Electric Company, Limited mainly concentrates on generation and supply of electricity on Hong Kong Island and Lamma Island. Hongkong Electric International Limited pursues overseas investment opportunities and Associated Technical Services Limited's principal activity is engineering consultancy and project management.
Cheung Kong Life Sciences
Cheung Kong Life Sciences is a new program developed by Cheung Kong Holdings. It is developing biotechnology solutions for key environmental, health, cosmetic and nutritional. Products developed by CK Life Sciences are categorized into five areas:
- eco-agriculture;
- bioremediation;
- pharmaceuticals;
- nutraceuticals; and
- dermatologicals.
It focuses in developing patent-protected products for improving land and water use, nutritional balance and skin care, disease prevention and treatment. Up till now, it has developed more than 100 product applications.
The selection of CK Life Sciences by World Economic Forum as one of the 30 'Technology Pioneers' for 2004 reflects the international recognition of CK Life Sciences' status as a world class technology company and its innovative achievement in research and development.
Properties and Hotel
Mainland Properties
Since 1992, Cheung Kong Holdings has entered a number of joint venture agreements to develop properties in the Mainland. There are projects in Beijing, Shanghai, Qingdao, Chongqing, Fuzhou, Guangzhou, Dongguan and Zhuhai. It will continue to look for potential development in other Mainland China cities.
Current Development
It includes Banyan Garden, One Beacon Hill, Hampton Place, Princeton Tower, The Metropolis Residence, Vianni Cove, The Cairnhill.
Property of the Hutchison Whampoa Property and Hotel Group
The property interests of the Hutchison Whampoa Property and Hotel Group (HWPHG) comprises of:
- Hongkong & Whampoa Dock Company Limited (HWD)
- Hutchison Properties Limited (HPL)
- Cavendish International Holdings Limited (CIHL).
In order to focus on the development and operations of Hutchison's hotel business worldwide, the Hotel Group was established in 1997. The Hotel Group has fast pace of expansion and is currently operating hotels in Hong Kong and the Mainland China.
Internet Businesses
Apart from the core business, Cheung Kong Holdings has developed many internet businesses and dedicated themselves into new technology areas. The ventures include TOM.COM Limited, iMarkets Limited, PowerCom Network Hong Kong Limited, iBusiness Coporation Limited, Priceline.com, Critical Path InC, Excel Technology International Holdings Limited, mReferral Corporation (HK) Limited and Net Infinity Technology Development Co., Limited.
The company began with several portal Web sites targeting audiences in China, Hong Kong, and Taiwan. But after the dot-com bust, it expanded into print media (with publications such as "Business Weekly" and "PC Home"), outdoor advertising (with billboards, street-level signs, and bus bodies), and sports marketing (with sports subsidiary YC Companies).
TOM.COM is owned and controlled by real estate development giant Cheung Kong and industrial conglomerate Hutchison Whampoa, both of which are controlled by Hong Kong tycoon Li Ka Shing.
About one in twelve private residences in Hong Kong were developed by the company. The combined market capitalisation of the Cheung Kong Group amounts to HK$580 billion as at January 31, 2004; this accounts for approximately 11.5% of the total market capitalization of the Hong Kong stock market. The Cheung Kong Group operates in close to 40 countries and employs over 175,000 staff worldwide.
NEWS
About 3G
HWL are promoting their new product in their telecommunications businesses in 3G, and they are the first operator to roll out 3G video mobile services in Hong Kong in January 2004. 3G offers video mobile communication services including Person to Person Video Calls, video message, news in financial updates, sports, weather report, football highlights, remote surveillance, traffic condition, business, global positioning, location-based services, M-commerce, and entertainment in movie preview and music. people can enjoy full interactive face-to-face communication. Every smile, every laugh appears on the screen in real-time.
General Enquiry
If people have any enquiry, they can e-mail to [email protected]