No, Cheung Kong Holdings holds 49.9% of the shares of Hutchison Whampoa. Both companies are listed in Hong Kong and both have Li Ka-shing as chairman.
Hutchison Whampoa Limited
Overview
Hutchison Whampoa Limited ("Hutchison Whampoa") is a large multinational enterprise with operations around the world. It has always been determined to innovate and has the courage to adopt new technologies to operate diversified businesses, including multiple businesses around the world. The market's largest container terminal operator, retail chain group, real estate development and infrastructure business, as well as the most technologically advanced telecommunications services. Hutchison Whampoa's audited turnover as of 2008 was approximately HK$309 billion (US$40 billion). Hutchison Whampoa operates five core businesses in 55 countries around the world, employing more than 240,000 people. The core businesses include ports and related services, real estate and hotels, retail, energy, infrastructure, investment and others, and telecommunications. .
Hutchison's distinguished achievements include
leading global port investment, development and operators with 45 ports in Europe, the Americas, Asia, the Middle East and Africa.
The world's largest retailer of health and beauty products, operating Watsons Personal Care Stores, DC, Drogas, Kruidvat, Rossmann, Savers, Superdrug, Trekpleister, Spektr, Marionnaud, ICI PARIS XL and The Perfume Shop.
One of the largest retail groups in Asia, operating Watsons personal care stores, PARKnSHOP supermarkets, TASTE new generation food court, GOURMET fashion food shopping mall, GREAT food shopping mall, Fortress electrical and electronic products stores , Watsons Wine Cellar and Nuance-Watson Airport Duty Free Shop.
Taking the lead in the field of mobile multimedia communications, we took the lead in launching third-generation (3G) mobile phones and network services under the brand "3".
Establishment of Hutchison Telecommunications International Limited (Hutchison Telecommunications), a forward-looking international telecommunications operator that operates mobile phone networks and provides data in eight markets full of development opportunities in Asia, the Middle East and Africa Serve.
Hutchison Whampoa Limited is one of the largest listed companies on the Main Board of the Hong Kong Stock Exchange. Its main subsidiaries include Hutchison Whampoa Ports, Hutchison Whampoa Real Estate, Watson Group, Cheung Kong Infrastructure and Hutchison Telecommunications.
Today, Hutchison Whampoa has developed into a multinational enterprise and continues to be based in Hong Kong. The group's business covers many regions around the world, and its employees at all levels have different cultural backgrounds.
Hutchison Whampoa strives to maintain the highest levels of corporate governance, transparency and accountability, and has been recognized by the industry and has won multiple awards and honors.
Ports and related services
Hutchison Ports Holdings Limited ("Hutchison Ports") operates in 23 countries and operates in 45 ports*** Two hundred and fifty-seven berths. Hutchison Whampoa is involved in operating five of the world's seven busiest ports.
Flagship company Hong Kong International Terminals Limited is the world's largest private container terminal operator.
Hutchison Whampoa Port's total throughput in 2006 reached 59.3 million twenty-foot equivalent containers. The group owns the largest Port of Felixstowe in the UK, as well as the Port of Harwich and Thames. In addition, it also holds the Netherlands, Belgium, Germany, Poland, Spain, Indonesia, South Korea, Malaysia, Myanmar, Pakistan, Thailand, Vietnam, Egypt, Tanzania, Oman, Saudi Arabia, Argentina, the Bahamas, Ecuador, Mexico and Panama, etc. significant interests in the port. The Group is also involved in the investment, development and operation of a number of ocean and coastal/inland river ports in mainland China.
Real Estate and Hotels
Hutchison Whampoa Properties Limited develops and invests in a number of important property projects, including landmark commercial buildings in Hong Kong and luxury residences in London.
The Group pioneered the "garden city" residential concept in Hong Kong, the most famous of which are South Horizons and Whampoa Gardens, and has also introduced Hong Kong's successful experience to mainland China.
The famous properties owned by the group include the 62-storey Yangtze River Center in Central, Hong Kong, as well as Beijing Oriental Plaza and Shanghai Century Commerce Plaza.
Prestige residential properties developed in the UK include Royal Gate Kensington, Belgravia Place and Albion Riverside. Other properties owned by the group include beach and golf resorts in the Bahamas.
Hutchison Whampoa and Cheung Kong Holdings (Group) Co., Ltd. jointly established Harbor Plaza Hotels (International) Management Group Co., Ltd., which is responsible for operating and managing hotel investment projects of the real estate department of Hutchison Whampoa Group.
Retail
Watsons Group operates the retail and manufacturing businesses of Hutchison Whampoa Group, with more than 7,700 retail stores and operations in 33 countries around the world. Flagship retail chains established in Asia include Watsons personal care stores, PARKnSHOP supermarkets, TASTE new generation food court, GOURMET fashion food shopping mall, GREAT food shopping mall, Fortress electrical and electronic products store, Watsons Wine Cellar and Nuance-Watson Airport duty free shop. In Europe, the Watsons Group's retail network includes nine health and beauty chain brands: DC, Drogas, Kruidvat, Rossmann, Savers, Superdrug, Trekpleister, Spektr and Watsons Personal Care Stores, as well as three premium perfume and cosmetics brands: Marionnaud, ICI PARIS XL and The Perfume Shop. Watsons Group is now the world's largest retailer of health and beauty products.
Energy, infrastructure, investment and others
Cheung Kong Infrastructure Group ("Cheung Kong Infrastructure") is the infrastructure arm of the Group and operates diversified infrastructure businesses, including transportation, energy, and infrastructure materials , water plants and related businesses. Cheung Kong Infrastructure's operations span Hong Kong, Mainland China, Australia, the United Kingdom and Canada.
The Group holds interests in Hong Kong Electric Group ("HK Electric") and is also a major shareholder of Husky Energy. HK Electric is the sole electricity provider for Hong Kong Island and Lamma Island, while Husky Energy is one of Canada's largest energy and related businesses.
The investment and other divisions mainly include Hutchison Whampoa (China), its listed subsidiary Hutchison China Pharmaceuticals Technology Co., Ltd., and Hutchison Port and Continental's listed associate TOM Group.
Hutchison Whampoa China Limited ("Hutchison Whampoa China") is Hutchison Whampoa's investment business in mainland China. It actively participates in investments in a number of enterprises and projects in mainland China, including manufacturing and distribution. Health care, personal care and Chinese patent medicine products, provision of aircraft maintenance and cabin cleaning and maintenance services, provision of logistics and transportation services, operation of rice farms and sale of white rice, hotel shareholders and even production and manufacturing of optical fiber communication transmission equipment.
Hutchison China MediTech Limited ("Hutchison China MediTech") is one of the member companies of Hutchison Whampoa. Hutchison China Medical Technology is a holding company engaged in pharmaceutical and healthcare business groups, mainly based in mainland China, and independently listed on the Alternative Investment Market of the London Stock Exchange (stock code: HCM). Hutchison China Medical Technology specializes in the research, development, manufacturing and sales of medicines, health supplements and other consumer health and personal care products based on traditional Chinese medicine and botanical ingredients. The overall business goal of Hutchison China MediTech is to discover the rich unknown knowledge and history of use of traditional Chinese medicine to develop pharmaceutical and consumer products for the global market.
Hutchison Continental Limited is listed on the Hong Kong Stock Exchange (stock code: 715) and is a subsidiary of the Group with a 61.97% interest. The company is an industry-leading toy manufacturer, consumer electronics supplier and manufacturer, franchise and procurement service provider, and holds a number of investment properties in mainland China.
TOM Group Limited (stock code: 2383) is listed on the Main Board of the Hong Kong Stock Exchange. It is a leading Chinese media group in Greater China, operating Internet (TOM Online), outdoor media (TOM Outdoor Media Group), Publishing, television and entertainment, etc., with business covering mainland China, Taiwan and Hong Kong. In all business areas, TOM maintains a leading position in the market. The Group was established in October 1999 as a joint venture between Hutchison Whampoa, Cheung Kong Holdings Limited and other strategic investors.
The group is headquartered in Hong Kong, with regional headquarters in Beijing, Shanghai and Taipei, and employs more than 4,000 employees in more than 20 cities.
Telecommunications
The Group owns and operates telecommunications businesses and provides diversified related services in 15 countries, including third-generation (3G) multimedia mobile phones, second-generation (GSM) ) mobile phone systems, fixed line services, fiber optic broadband networks and radio broadcasting.
The Group operates telecommunications business under the "3" brand and is leading the continuous revolution in the 3G industry. Hutchison Whampoa is one of the first operators in the world to launch 3G services, enhancing the enjoyment of people's lives through rich multimedia mobile communications content. The group holds licenses in 11 markets including Australia, Austria, Denmark, Hong Kong, Ireland, Israel, Italy, Macau, Norway, Sweden and the United Kingdom, with a total customer base of more than 14.7 million.
Hutchison Telecommunications International Limited (Hutchison Telecommunications) is determined to strive for future growth in developing markets, and at the same time, it uses cutting-edge technology to launch advanced services in more mature and high-demand markets to meet the needs of customers. There are higher and higher demands. Hutchison Telecommunications operates mobile telecommunications networks in Hong Kong, Macau, Israel, Thailand, Sri Lanka, Ghana, Indonesia and Vietnam, and operates 3G networks and provides fixed-line services in Hong Kong. Hutchison Telecom's diversified services include voice services (with enhanced call capabilities), broadband data and multimedia services, mobile and fixed-line Internet and intranet services, international direct dialing and international roaming services, bandwidth services, data center services, System infrastructure and application solution services.
Group Chairman
Mr. Li Ka-shing is currently the Chairman of the Board of Directors of Cheung Kong Holdings (Holdings) Limited and Hutchison Whampoa Limited (Hutchison Whampoa). Cheung Kong Group has operations in 55 countries around the world. , with approximately 240,000 employees. The group has nine listed companies in Hong Kong, with a total market value of approximately HK$787 billion (as of June 30, 2007). Hutchison Whampoa is one of the Fortune Global 500 companies.
Mr. Li Ka-shing was born in Chaozhou, a coastal city in southeastern China in 1928. When he was a child, he fled the war with his family to Hong Kong. His father later died of lung disease in Hong Kong. Due to the heavy burden of supporting his family, Mr. Li was forced to drop out of school when he was less than 15 years old and took a job in a plastics trading company, working 16 hours a day. With his hard work, prudence and pursuit of excellence, Mr. Li founded Cheung Kong Industries Co., Ltd. in 1950, initially dealing in plastic products. Later, Mr. Li developed the company into a leading property development company in Hong Kong, and Listed on the Stock Exchange in 1972. Cheung Kong continued to expand its business through the acquisitions of Hutchison Whampoa Limited and Hong Kong Electric Group Limited in 1979 and 1985 respectively.
Cheung Kong Group is based in Hong Kong. Its business includes property development and investment, real estate agency and management, ports and related services, telecommunications, hotels, retail, energy, infrastructure, finance and investment, e-commerce, building materials, and media. and life technology, etc. Mr. Li firmly believes that when we work together, we can achieve success. This belief can be seen from the fact that he named the company after the "Yangtze River" because the Yangtze River is a great river in China that gathers hundreds of rivers without hesitation. Mr. Li was selected as a "Millennium Entrepreneur" by The Times and Ernst & Young.
Mr. Li believed that everyone needs to do their part to create an equal society, and established a public charity foundation in 1980 with the mission of creating a "culture of giving" for society. ”. The Li Ka Shing Foundation focuses on two aspects of development: adding value through education and building a caring society through medical and related projects. To date, the Li Ka Shing Foundation and other charitable foundations established by Mr. Li have donated to countless public welfare projects, with donations and commitments of more than HK$8.3 billion over the years.
Mr. Li founded Shantou University in Shantou, China, in 1981 to promote the reform of China’s education system. Shantou University has nine colleges, including the School of Medicine and five affiliated hospitals. Students come from all over China, and the university has approximately 6,500 undergraduate students and 1,500 graduate students.
Due to Mr. Li Ka-shing's enthusiasm for public welfare and his great contributions to society in various places, he has been awarded honorary doctorates by the University of Cambridge in the UK, the University of Calgary in Canada, Peking University in the Mainland, the University of Hong Kong in Hong Kong and other universities.
He was also awarded the Grand Officer of the Vasco Nunez de Balboa of Panama, the Commander in the Leopold Order of Belgium, the KBE of the British Empire, the Grand Bauhinia Medal of the Hong Kong Special Administrative Region, and was appointed Justice of the Peace. In January 2005, he was awarded the Commander of the French Legion of Honor (Commandeur de la Légion d'Honneur) by the French government.
Mr. Li Ka-shing has two sons. The eldest son, Li Zeju, is currently the Managing Director and Vice Chairman of Cheung Kong Holdings (Holdings) Co., Ltd., Vice Chairman of Hutchison Whampoa Co., Ltd., Chairman of Cheung Kong Infrastructure Group Co., Ltd. and Cheung Kong Life Technologies. Chairman of the Group Limited. The youngest son Richard Li is currently the chairman of PCCW Limited, one of Asia's leading information technology and telecommunications companies.