Cheung Kong Infrastructure Holdings
Encyclopedia
Cheung Kong Infrastructure Holdings or CKI, is the largest publicly listed infrastructure
company in Hong Kong
with diversified investments in energy
infrastructure, transportation Infrastructure, water
Infrastructure and infrastructure related business, parented by Cheung Kong Holdings, businessman Li Ka Shing
's flagship
company. It is a leading player in the global infrastructure arena in Hong Kong, Mainland China
, Australia
, the United Kingdom
, Canada
and the Philippines
. The chairman is Victor Li
, the elder son
of Li Ka Shing.
With effective from 10 June 2008, CKI is removed from Hang Seng Index Constituent Stock (bluechip).
On 30 July 2010, Cheung Kong Infrastructure, the former Hongkong Electric Holdings (subsequently renamed Power Assets Holdings Limited in February 2011) and the Li Ka Shing Foundation
acquired three UK electricity networks business from Électricité de France
..
Infrastructure
Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...
company in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
with diversified investments in energy
Energy
In physics, energy is an indirectly observed quantity. It is often understood as the ability a physical system has to do work on other physical systems...
infrastructure, transportation Infrastructure, water
Water
Water is a chemical substance with the chemical formula H2O. A water molecule contains one oxygen and two hydrogen atoms connected by covalent bonds. Water is a liquid at ambient conditions, but it often co-exists on Earth with its solid state, ice, and gaseous state . Water also exists in a...
Infrastructure and infrastructure related business, parented by Cheung Kong Holdings, businessman Li Ka Shing
Li Ka Shing
Sir Ka-shing Li, GBM, KBE, JP is a Chinese business magnate based in Hong Kong. He is the richest person of East Asian descent in the world and the eleventh richest person in the world with an estimated wealth of US$26.0 billion on 10 March 2011...
's flagship
Flagship
A flagship is a vessel used by the commanding officer of a group of naval ships, reflecting the custom of its commander, characteristically a flag officer, flying a distinguishing flag...
company. It is a leading player in the global infrastructure arena in Hong Kong, Mainland China
Mainland China
Mainland China, the Chinese mainland or simply the mainland, is a geopolitical term that refers to the area under the jurisdiction of the People's Republic of China . According to the Taipei-based Mainland Affairs Council, the term excludes the PRC Special Administrative Regions of Hong Kong and...
, Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
, the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
and the Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
. The chairman is Victor Li
Victor Li
Victor Li Tzar-kuoi is a Hong Kong-based businessman with Canadian citizenship. He is the son of tycoon Li Ka-shing and the brother of Richard Li. Li had a net worth of $730 million CDN in 2006. -Early years:...
, the elder son
Son
A son is a male offspring; a boy or man in relation to his parents. The female analogue is a daughter.-Social issues regarding sons:In pre-industrial societies and some current countries with agriculture-based economies, a higher value was, and still is, assigned to sons rather than daughters,...
of Li Ka Shing.
With effective from 10 June 2008, CKI is removed from Hang Seng Index Constituent Stock (bluechip).
On 30 July 2010, Cheung Kong Infrastructure, the former Hongkong Electric Holdings (subsequently renamed Power Assets Holdings Limited in February 2011) and the Li Ka Shing Foundation
Li Ka Shing Foundation
The Li Ka Shing Foundation is a Hong Kong and Canada-based charitable organization founded in 1980 by Hong Kong entrepreneur and philanthropist Li Ka Shing, with a mission to nurture "a culture of giving" in society...
acquired three UK electricity networks business from Électricité de France
Électricité de France
Électricité de France S.A. is the second largest French utility company. Headquartered in Paris, France, with €65.2 billion in revenues in 2010, EDF operates a diverse portfolio of 120,000+ megawatts of generation capacity in Europe, Latin America, Asia, the Middle East and Africa.EDF is one of...
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