CK Hutchison Holdings Limited is incorporate in Cayman Islands (a small island in the Caribbean Sea) with limited liability.
Image: company website
It is headquartered in Hong Kong and it was formed as a result of merger between Cheung Kong Holdings and Hutchison Whampoa in March 2015. It operates in 50 countries with more than 270,000 employees and operates in multiple industries – telecommunications, energy, infrastructure, retail, ports and related services.
Its port division has interests in 48 ports across 25 countries. The retail division is the largest international player in the Asian and European markets. It has over 12,000 retail stores in 25 market. Its retail portfolio consists of supermarkets, consumer electronics and electrical appliances, health and beauty products. The infrastructure division, Cheung Kong Infrastructure Holdings Limited (CKI) is the largest infrastructure company in Hong Kong with investments in infrastructure for energy, transportation, waste management and office properties. Recently this division also started a new aircraft leasing business.
Its energy division operates in western and Atlantic Canada, the USA and Asia Pacific region. Its subsidiary Husky Energy is listed in Canada. It also produces crude oil and natural gas. In 2015, its average production was 345,700 barrels of oil equivalent per day.
The telecommunication division operates in Europe, Asia (Indonesia, Sri Lanka, and Vietnam), Hong Kong and Australia. Before merger, its unit Hutchison Whampoa used to provide telecom service in India under tShe brand name Hutch. Later this unit was acquired by Vodafone.
Geographically it earns half of its revenue from its European market, Asian & Australian markets contribute to one-fifth of its revenue. China and Hong Kong also account for one-fifth of its revenue. It faces uncertainty as a result of continued monetary policies in Europe, the economic and refugee issues in the Europe. In the near future it hopes to benefit from the Chinese “One Belt, One Road” economy development scheme with will benefit Hong Kong.