CK Hutchison Holdings Ltd (1.xhkg)

CK Hutchison Holdings Ltd (1.xhkg)

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CK Hutchison Holdings Ltd (1.xhkg) Profile

CK Hutchison Holdings Ltd (1.xhkg) is a multinational conglomerate headquartered in Hong Kong, China. CK Hutchison Holdings has four core businesses in ports and related services, infrastructure and telecommunications, and retail which operates in over 50 countries, holds 52 ports in 26 countries and comprises 16,200 offline and online stores internationally. The company provides port services, a global portfolio spanning health and beauty, supermarkets and consumer electronics, and a diverse portfolio of investments in energy, transportation, and water infrastructure through these four segments. The CK Hutchison Holdings Ltd stock (1.xhkg) is listed on the Hong Kong Stock Exchange and had a $25.80B (USD) market capitalisation in January 2022. CK Hutchison Holdings employs almost 300,000 people worldwide, including subsidiaries and had $51.08B (USD) in 2020 yearly revenue. The company announced the merger of their telecommunications businesses in Indonesia with ORDS (Ooredoo Group), creating Indonesia’s Second Largest Mobile Telecoms Company as of January 2022. With an estimated annual revenue of $3B (USD), the completed merger will create additional value for all shareholders, customers, and Indonesia.

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