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.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
04:30-07:00
08:00-11:00
Mon
04:30-07:00
08:00-11:00
Tue
04:30-07:00
08:00-11:00
Wed
04:30-07:00
08:00-11:00
Thu
04:30-07:00
08:00-11:00
Sun
Closed
Sat
Closed

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 16449

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