Cheung Kong Holdings

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Cheung Kong Holdings Limited SEHK: 0001 is the flagship of the Cheung Kong Group, headquartered in Hong Kong, and one of Hong Kong's leading multi-national conglomerates.

The Group consists of ten 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). His elder son, Victor Li, is the Managing Director and Deputy Chairman of Cheung Kong (Holdings) Limited.

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 and residential estates, Cheung Kong Holdings has built many of Hong Kong's most notable landmark buildings and complexes. The followings are some of its completed developments:

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.

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[edit] 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.

[edit] Board of directors

Mr Li Ka Shing, Chairman of Cheung Kong (Holdings) and Hutchison Whampoa.
Mr Li Ka Shing, Chairman of Cheung Kong (Holdings) and Hutchison Whampoa.
  • 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

[edit] Group Structure

The group structure of Cheung Kong Holdings Limited is shown below:

[edit] Hutchison Whampoa Limited

Cheung Kong Holdings invested in Hutchison Whampoa Limited (HWL). 49.97% of the 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 it operates in 39 countries. It is a Hong Kong-based multinational conglomerate and invests in five core businesses:

  1. ports and related services;
  2. telecommunications;
  3. property and hotels;
  4. retail and manufacturing; and
  5. energy and infrastructure.

The company controls 12% of all container port capacity in the world.

[edit] Cheung Kong Infrastructure Holdings Limited

The Chairman of Cheung Kong Infrastructure Holdings Limited is Mr. Li Tzar Kuoi, Victor. 84.6% of the 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.

It is also the member of Hong Kong Environmental Industry Association. The activities include the recycling of MARPOL, PFA, copper slag and FGD gypsum in cement processing; as well as the development of MSW Co-Combustion systems, C&D material recycling facility, and hydrogen fuel and polymer modified asphalt technologies.

[edit] Hongkong Electric Holdings Limited

The chairman of Hongkong Electric Holdings Limited is Mr. George Colin MAGNUS. 38.9% of the shares are held by Cheung Kong Infrastructure Holdings Limited. It is the listed Hongkong Electric group of companies which comprise 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.

[edit] 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 problems. Products developed by CK Life Sciences are categorized into five areas:

  1. eco-agriculture;
  2. bioremediation;
  3. pharmaceuticals;
  4. nutraceuticals; and
  5. 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.

[edit] Properties and Hotels

[edit] 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.

[edit] Current Development

Cheung Kong Holdings is developing some buildings in Hong Kong. It includes

  • Banyan Garden (泓景臺)
  • One Beacon Hill (畢架山一號)
  • Hampton Place (凱帆軒)
  • Princeton Tower (普頓臺)
  • The Metropolis Residence (都會軒)
  • Vianni Cove (慧景軒)
  • The Cairnhill (朗逸峯)
  • Kingswood Villa (嘉湖山莊)

[edit] Property of the Hutchison Whampoa Property and Hotel Group

The property interests of the Hutchison Whampoa Property and Hotel Group (HWPHG) comprises:

  • Hongkong & Whampoa Dock Company Limited (HWD)
  • Hutchison Properties Limited (HPL)
  • Cavendish International Holdings Limited (CIHL).

The Hotel Group was established in 1995 (it was the 10th anniversary of Harbour-plaza Hongkong on July 2005) in order to focus on the development and operations of Hutchison's hotel business worldwide. The Hotel Group has fast pace of expansion and is currently operating hotels in Hong Kong and the Mainland China. In 2005, the group has 7 hotels : Harbour-plaza Hongkong, Harbour-plaza Metropolis, Harbour-plaza North Point, Harbour-plaza Resort City, The Kowloon Hotel, Harbour-plaza Chongqing, Harbour-plaza Kunming

[edit] 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 Corporation 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.

[edit] Cheung Kong Group Total Market Capitalisation

About one in twelve private residences in Hong Kong were developed by the company. The Cheung Kong Group's market capitalization is HK$766 billion ($100 billion USD) as of 2005 (This includes double counting - eg. Cheung Keung has a market cap of HKD 195 billion as of 2006 and Hutchison Whampoa has a market cap of HKD 338 billion as of 2006 but actually HKD 170 billion of Cheung Keung market cap would have been due to its holding of 49.9% of Hutchison Whampoa Ltd. ). The Group operates in 51 countries and employs over 210,000 staff worldwide.

Cheung Kong (Holdings) Limited
Shares outstanding 2,316 million shares
Market cap (as at 15 Feb, 2004) HK$171,396 million
Major shareholder Li family and trust: 37.0%
Dividend per share (2004) HK$1.42
Dividend yield (as at 15 Feb, 2004) 2.2%
Net Profit (2004) HK$12,380 million
EPS (2004) HK$$5.35
PE (as at 15 Feb, 2004) 19.3
Hongkong Electric Holdings Limited
Shares outstanding 2,134 million shares
Market cap (as at 15 Feb, 2004) HK$70,217 million
Major shareholder Cheung Kong Infrastructure Holdings Limited: 38.9%
Dividend per share (2004) HK$1.19
Dividend yield (as at 15 Feb, 2004) 5.2%
Net Profit (2004) HK$6,280 million
EPS (2004) HK$2.94
PE (as at 15 Feb, 2004) 10.3

[edit] General Enquiry

People can e-mail to contactckh@ckh.com.hk for enquiry.

[edit] See also

[edit] External links


Cheung Kong Holdings
Cheung Kong Holdings | Hutchison Whampoa | Hongkong Electric | Cheung Kong Life Sciences | TOM Group
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