type private industry conglomerate successor ck hutchison holdings limited founded 1950s headquarters cheung kong center hong kong island hong kong key people li ka shing chairman victor li tzar kuoi managing director and vice chairman products real estate investment life sciences it hotels telecommunications ; & internet revenue hk 32.863 billion us 4.2 billion 2010 net income hk 26.478 billion us 3.4 billion 2010 number of employees 9 500 2010 website www.ckh.com.hk footnotes references associates hutchison whampoa cheung kong infrastructure holdings limited hutchison asia telecommunications and tom group cheung kong holdings traditional chinese simplified chinese transcriptions standard mandarin hanyu pinyin ch ngji ng sh y j tu n y uxi n g ngs cheung kong holdings limited was a multinational conglomerate based in hong kong . it is one of hong kong s leading multi national conglomerates . the company merged with its subsidiary hutchison whampoa on 3 june 2015 as part of a major reorganisation 1 to become part of ck hutchison holdings . the chairman of cheung kong holdings is li ka shing while his elder son victor li is managing director and deputy chairman . li ka shing founded cheung kong industries in 1950s as a plastics manufacturer . under his leadership the company grew rapidly and eventually evolved into a property investment company . cheung kong holdings limited was established in 1971 . 2 the cheung kong group was one of the largest developers of residential office retail industrial and hotel properties 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 . as part of the reorganisation of the group a new company composed of the group s property assets was spun off in june 2015 as cheung kong property holdings . contents 1 component companies 1.1 restructuring 2 shareholdings 2.1 telecommunications 2.2 cheung kong infrastructure holdings ltd 2.3 power assets holdings limited 2.4 ck life sciences int l. holdings inc. 3 other investments 4 see also 5 references 6 external links component companies edit the market capitalisation of the cheung kong group s hong kong listed companies amounted to hk 1 148 billion as at 31 january 2015 . the group operates in over 50 countries and employs over 240 000 staff worldwide . the group had nine companies . hutchison whampoa limited sehk 0013 cheung kong infrastructure holdings limited sehk 1038 power assets holdings limited sehk 0006 ck life sciences int l. holdings inc. sehk 0775 . hutchison asia telecommunications limited tom group limited tom sehk 2383 headquarters at the cheung kong center the company was first listed on the hong kong stock exchange in 1972 as cheung kong holdings and developed into a property development and strategic investment company with substantial interests in life sciences and other businesses . 3 cheung kong group became one of the largest developers in hong kong with a long history of property development . about one in twelve of the private residences in hong kong were developed by the company . the company and sun hung kai properties together became increasingly dominant in the development of new private homes accounting for 70 % of the market in 2010 up from around half of that in 2003 . this concentration with much of the rest of the market occupied by other very large firms is attributed to the government s policy of auctioning land in expensively large blocks squeezing out small and mid sized firms according to the consumer council . 4 its board of directors includes wong yuchin victor li tzar kuoi elder son of li ka shing canning fok simon murray and is chaired by li senior . restructuring edit in january 2015 li ka shing confirmed the business would be restructured and its property business spun off as a separately listed company cheung kong property . 5 under the plans cheung kong holdings will purchase the shares in hutchison whampoa that it does not already own and merge the companies under a new single holding company ck hutchison holdings . the new holding company was established on 18 march 2015 based in the cayman islands but listed in hong kong . 6 hutchison whampoa was delisted on 3 june 2015 on the same day that a new company comprising the group s existing property assets cheung kong property holdings began trading . 7 8 shareholdings edit telecommunications edit main article hutchison 3g the company operates mobile telephone services under the 3 brand in 10 countries inherited from hutchison whampoa . ck hutchison s telecommunications subsidiaries in hong kong and australia are listed companies ; the company holds 66.09 % and 87.87 % stakes in these respectively . cheung kong infrastructure holdings ltd edit main article cheung kong infrastructure holdings the chairman of cheung kong infrastructure holdings limited cki is victor li tzar kuoi . cki is the largest diversified infrastructure company listed on the hong kong stock exchange . it is a hong kong based diversified infrastructure company focused on the development investment and operation of infrastructure businesses in many countries such as china australia and the united kingdom . 9 ck hutchison holds a 75.67 % stake in the company . power assets holdings limited edit main article power assets holdings the chairman of power assets holdings limited is canning fok kin ning . the listed hongkong electric group of companies are 10 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 . ck hutchison holds a 38.87 % stake in the company . ck life sciences int l. holdings inc. edit main article ck life sciences ck life sciences is engaged in the business of research and development commercialisation marketing and sale of biotechnology products . products developed by ck life sciences are categorised into two areas human health ; and environmental sustainability . ck hutchison holds a 45.32 % stake in the company . other investments edit apart from the core business of property development ck hutchison ventures include tom group limited . 11 imarkets ltd ibusiness corporation limited ck communications ltd excel technology international holdings ltd mreferral corporation hk ltd and beijing net infinity technology development co. ltd. hutchison whampoa s ownership of a 40.2 % stake in the canadian energy company husky energy passed to ck hutchison on completion of the merger . see also edit list of chinese companies 3g references edit sito peggy ; li sandy 25 february 2015 . li ka shing s two firms set for merger as cheung kong shareholders approve revamp . south china morning post . retrieved 12 march 2015 . cheung kong holdings ltd 1 hong kong . businessweek . retrieved 21 march 2013 . cheung kong holdings ltd . reuters . retrieved 18 april 2013 . kwok vivian 12 aug 2010 . two developers tower over market . south china morning post . retrieved 12 aug 2010 . yun michelle ; chan vinicy 9 january 2015 . cheung kong to buy out hutchison in 24 billion restructuring . bloomberg business . retrieved 12 march 2015 . sito peggy ; li sandy 25 february 2015 . li ka shing s two firms set for merger as cheung kong shareholders approve revamp . south china morning post . retrieved 12 march 2015 . wong imogene 27 may 2015 . curtains down for hutchison whampoa . the standard . retrieved 31 may 2015 . yun michelle 3 june 2015 . li ka shing s property spin off debuts at hk 70 in hong kong . bloomberg business . retrieved 25 august 2015 . cheung kong infrastructure holdings limited chairman s message hongkong electric holdings limited about us tom group company overview external links edit official website v t e ck hutchison holdings a.s. watson group cheung kong infrastructure holdings ck life sciences hutchison 3g husky energy hutchison asia telecom group hutchison port holdings hutchison telecommunications hong kong holdings power assets holdings tom group tom online v t e s & p asia 50 companies aia group boc hong kong holdings cathay financial holding china construction bank china life insurance china mobile china petroleum & chemical china steel chunghwa telecom ck hutchison holdings clp holdings cnooc limited ctbc financial holding dbs group delta electronics formosa chem & fibre formosa plastics fubon financial holding galaxy entertainment group hang seng bank hon hai precision industry hong kong and china gas hong kong exchanges and clearing hyundai heavy industries hyundai mobis hyundai motor industrial and commercial bank of china jardine matheson kb financial group keppel kia motors kt & g lg chem li & fung lippo group mediatek nan ya plastics oversea chinese banking corporation petrochina ping an insurance posco power assets holdings samsung electronics sands china shinhan financial group singapore telecommunications sun hung kai properties taiwan semiconductor manufacturing united overseas bank want want china holdings authority control worldcat identities viaf 123508614 lccn no2004095964 retrieved from https en.wikipedia.org w index.php title cheung kong holdings & oldid 731601486 categories cheung kong holdingsland developers of hong kongconglomerate companies of hong kongmultinational companies headquartered in hong konghidden categories use british english from march 2012use dmy dates from march 2012articles containing traditional chinese language textarticles containing simplified chinese language textofficial website different in wikidata and wikipediawikipedia articles with viaf identifierswikipedia articles with lccn identifiers navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages danskdeutsch fran ais italiano edit links this page was last modified on 26 july 2016 at 11 10 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view