Essay: Cheung Kong Holding Limited

Essay: Cheung Kong Holding Limited
14/04/2011 Comments Off on Essay: Cheung Kong Holding Limited Academic Papers on Business Studies,Sample Academic Papers admin

Sample Essay

Cheung Kong (Holdings) Limited is a Hong Kong-based investment holding and project management company. Cheung Kong (Holdings) Limited (“Cheung Kong Holdings”) is the leading member of the Cheung Kong Group, which is the leading Hong Kong based multi-national multinational. In Hong Kong only, members of the Cheung Kong Group include Cheung Kong Holdings, Hutchison Whampoa Limited and Hong Kong Electric Holdings Limited; Cheung Kong Infrastructure Holdings Limited, CK Life Sciences Int’l., (Holdings) Inc.,

Hutchison Telecommunications International Limited, Hutchison Telecommunications Hong Kong Holdings Limited, Hutchison Harbour Ring Limited and TOM Group Limited. All these companies are listed on the Main Board of the Hong Kong Stock Exchange (Cheung Kong Holdings Limited, 2009). Its subsidiaries deal in the field of property development and investment, hotel and serviced suite operation, property and project management, and investment in securities. The Company’s investment properties encompass mainly of retail shopping malls and commercial office properties in Hong Kong. During the year ended December 31, 2008, the Company acquired properties and agricultural land in Hong Kong and Mainland areas.

The company has total assets of $121,194 million as of fiscal year ended 2008. The company operates along with its subsidiaries that include Cheung Kong Holdings include Hutchison Whampoa Limited, CK Life Sciences Int´l., (Holdings) Inc., Hutchison Telecommunications International Limited and TOM Group Limited. The company along with its subsidiaries operates almost in 57 countries spread across Asia, Europe and North America. CKH has it’s headquarter in Hong Kong (Reuters, 2009)

The joint market capitalization of the Cheung Kong Group’s Hong Kong listed companies amounted to HK$645 billion as at 30 September, 2009. The Cheung Kong Group has its major operations in 54 countries and employs about 240,000 staff worldwide (Cheung Kong, Holdings Limited, 2009).

CKH is among one of the largest developers in Hong Kong of residential, commercial and industrial properties. Almost every seventh private residence apartment in Hong Kong was developed by the company. The company also has considerable interests and operations in life sciences and other businesses (Cheung Kong Holdings Limited, 2009)

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