This article contains promotional content. (March 2023) |
Company type | Private |
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Industry | Conglomerate |
Founded | 1972 |
Headquarters | Cheung Kong Center, Hong Kong Island, Hong Kong |
Key people |
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Products | Real estate, Investment, life sciences, IT, Hotels, telecommunications; & internet |
Revenue | HK$32.863 billion (US$4.2 billion) (2010) |
HK$26.478 billion (US$3.4 billion) (2010) | |
Number of employees | 9,500 (2010) |
Parent | CK Hutchison Holdings Limited |
Footnotes / references Associates: Hutchison Whampoa Cheung Kong Infrastructure Holdings Limited Hutchison Asia Telecommunications and TOM Group |
Cheung Kong Holdings | |||||||
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Traditional Chinese | 長江實業 (集團) 有限公司 | ||||||
Simplified Chinese | 长江实业 (集团) 有限公司 | ||||||
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Cheung Kong (Holdings) Limited, is a multinational conglomerate, based in Hong Kong. It was 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 was Li Ka Shing (李嘉誠), while his elder son, Victor Li (李澤鉅), was Managing Director and Deputy Chairman. Li Ka Shing founded Cheung Kong Industries in 1950s as a plastics manufacturer. Eventually the company evolved into a property investment company. "Cheung Kong (Holdings) Limited" was established in 1971.[2]
The Cheung Kong Group are developers of residential, office, retail, industrial and hotel properties in Hong Kong. With its history of property development and residential estates, 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.[3]