Here’s an overview of Cheung Kong Holdings as found on Google Finance and related information, formatted in HTML:

Cheung Kong Holdings (CKH) – Overview

Cheung Kong Holdings, now part of CK Hutchison Holdings (CKH), was a major Hong Kong-based multinational conglomerate. Historically, it was a prominent property developer and had diversified interests across various sectors. While Cheung Kong Holdings itself no longer exists as a separate publicly traded entity after a restructuring in 2015, its legacy and assets are now primarily within CK Hutchison Holdings.

Key Areas of Operation (Under CK Hutchison Holdings):

• Property Development: Cheung Kong, through its related entities within CK Hutchison, remains a significant player in property development, both in Hong Kong and mainland China, as well as globally. This includes residential, commercial, and industrial properties.
• Infrastructure: CK Hutchison is involved in the development and operation of infrastructure projects worldwide, including ports, energy networks, and telecommunications infrastructure.
• Retail: The group has a substantial retail presence through AS Watson Group, operating health and beauty stores, supermarkets, and other retail formats globally. Brands include Watsons, PARKnSHOP, and many others.
• Telecommunications: CK Hutchison has telecommunications businesses operating under various brands in multiple countries, providing mobile and fixed-line services.
• Energy: Investment in the energy sector, especially renewable energy, constitutes a significant part of their portfolio.

Historical Performance (Cheung Kong Holdings Pre-Restructuring):

Before the restructuring, Cheung Kong Holdings was known for its conservative financial management and its focus on long-term value creation. It consistently delivered solid financial results, driven by its property development activities and strategic investments. Its stock was a staple for many Hong Kong investors.

Restructuring and CK Hutchison Holdings:

In 2015, Li Ka-shing, the chairman of Cheung Kong Holdings, initiated a major restructuring. Cheung Kong Holdings was merged with Hutchison Whampoa to form CK Hutchison Holdings (CKH). The property assets were spun off into a separate company, Cheung Kong Property Holdings (later renamed CK Asset Holdings). The aim of the restructuring was to unlock shareholder value by simplifying the group’s structure and allowing investors to more easily allocate capital to specific sectors. It was also seen as a way to facilitate future acquisitions and growth.

Impact of the Restructuring:

The restructuring had a significant impact on the Hong Kong stock market. CK Hutchison Holdings inherited the diverse business portfolio, while CK Asset Holdings focused on property development and investment. Investors who previously held Cheung Kong Holdings shares received shares in both CK Hutchison and CK Asset. The new structure allowed each entity to pursue its own growth strategy more effectively.

Finding Information on Google Finance:

When searching for “Cheung Kong” on Google Finance today, you’ll primarily find information related to CK Hutchison Holdings (CKH) and CK Asset Holdings (1113.HK). You can track their stock performance, review financial statements, and access news articles related to the company’s activities. Historical data for the original Cheung Kong Holdings is largely incorporated into the records of CK Hutchison.

Important Note:

While Cheung Kong Holdings no longer exists as an independent entity, understanding its history is crucial for understanding the current structure and strategy of CK Hutchison Holdings and CK Asset Holdings. Investors should carefully review the financial statements and news releases of both entities to stay informed about their performance and prospects.