HGKGF - CK Hutchinson Holdings: A Hong Kong Conglomerate Relying On Europe
CK Hutchison Holdings Ltd. (CKHUF, CKHUY) is an industrial conglomerate headquartered in Hong Kong. However, the European market has surpassed the Asian special administrative zone as the group's most important geography. I therefore believe that investors should look at the company differently than its more home market-focussed peers.
Please note: Wherever necessary, I base my calculations on share prices and exchange rates as of June 12th (1 HKD = 0.13 USD).
Overview
CK Hutchison was formed in 2015 through a merger of Cheung Kong Holdings Ltd. and Hutchison Whampoa Ltd., about half