Hutchison Whampoa
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Hutchison Whampoa Ltd
10 Harcourt Road, Hong Kong China
(852) 2128 1188
http://www.hutchison-whampoa.com/
info@hutchison-whampoa.com
Type:
Public OTC:HUWHY
Hutchison Whampoa Limited (HWL) is an investment holding company. The operations of the Company consist of five businesses: ports and related services; property and hotels; retail; energy and infrastructure finance and investments other options, and telecommunications. HWL is a container terminal operator holding interests in 49 ports, including 300 berths in 25 countries, including container terminals. The Company develops and invests in real estate projects, ranging from office buildings to residential properties. The retail operations for the Company range from personal care, health and beauty chains, luxury perfumeries and cosmetics retailing supermarkets, consumer electronics and electrical appliances retail chains and airport retail concessions. The Company’s investments in energy and infrastructure are in Hong Kong, the Mainland, Australia, New Zealand, Canada and the United Kingdom. HWL is also an operator of mobile telecommunications and data services provider. [1]
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[edit] Criticism
[edit] Political Influence
- NCI Profile"Documents from several U.S. embassies claim that Li helped the People’s Liberation Army finance communication networks, accepted $400 million from the Chinese government for Hutchison Whampoa, and entered a real estate deal with Chinese president Jiang Zemin. U.S. Commerce Department documents show that Li owns 25 percent of a firm run by the Chinese air force and one-third of Asiasat, which is owned in part by the PLA. Li was a founding board member of the China International Trust and Investment Corporation (CITIC), which the RAND Corporation claims is the bank of the PLA. A U.S. Army intelligence update says that Ka-Shing is “willing to use his business influence to further the aims of the Chinese Government.” Another U.S. military intelligence report called the company a risk for smuggling arms into the U.S."
[edit] Praise
[edit] Affiliates and Subsidiaries
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