Li KaShing and the Growth of Cheung Kong Nitin Nohria Anthony J Mayo Mark Benson
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In 2000, Hong Kong tycoon Li Ka-shing founded a Chinese infrastructure conglomerate to consolidate his holdings in shipping, ports, and real estate. His businesses have since expanded to include oil and gas, property development, and power generation. With its extensive operations in China and overseas, Cheung Kong (HK) Holdings Ltd is the largest listed real estate conglomerate in China and a major player in property development in Hong Kong and across Asia. Under Li’s guidance, Cheung Kong Hold
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Cheung Kong (formerly known as K.W. Cheung & Co) is an investment holding company based in Hong Kong. It was formed by the merger of two of the largest and oldest conglomerates of Hong Kong – Cheung Kong Holdings (a manufacturing and property conglomerate), and its holding subsidiary, Cheung Kong Infrastructure (a construction and real estate development company). Li KaShing was a Hong Kong businessman who founded Cheung Kong Holdings. His rise from a humble background to being a billion
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I remember the day I met Li KaShing at the GIC Gala Dinner at the Ritz Carlton Hotel. We were sitting together in a private room, sipping champagne and munching canapés, when Mr. Li asked me whether I had read _Cheung Kong 2.0?_ He was referring to an account by Hsueh Liang and Yi-Tsung Chien, published in 2009 in the Harvard Business Review. I had and immediately regretted it; I knew that the subject was highly
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I was fortunate enough to be in Singapore in 1999 for the World Economic Forum annual meeting where Li KaShing was presented with an honorary Doctor of Letters degree. He was the 2nd Asian to do so, after George Koo, the Chairman of Koo Holdings. I remember his speech was one of the most captivating I’ve ever heard — not only about his business career, but how he and his family built Cheung Kong. Click This Link Cheung Kong was a public company when he started out, and it’
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“Li Ka-Shing was one of the world’s top experts case study writer in his field — oil trader in Hong Kong. He grew his company Cheung Kong into a world-class conglomerate — trading in metals, building materials, real estate, transportation, finance and investment, and many more. Today, it is one of the largest conglomerates in Asia, with operations in 120 countries and nearly 150 million customers across Asia, Europe, and North America. “ I also told about
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A billionaire with global influence, he’s a rare and remarkable personality. Li KaShing is chairman, CEO and largest shareholder of the Hong Kong-based Cheung Kong Group. He founded Cheung Kong Group in 1975 to diversify and expand the conglomerate’s operations. The group is a property, energy, water, financial services, hospitality, construction, and manufacturing conglomerate with a market value of around $207 billion. He was a leading investor in Hong Kong’s government bonds,
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In this essay, I discuss the growth of Cheung Kong and its founder, Li KaShing, through his long-standing relationship with the founder of CK Hutchison Holdings, Nitin Nohria. I then explain Cheung Kong’s business expansion and the contribution it made to Singapore’s economic growth during the late 1980s and 1990s. Furthermore, the essay examines Cheung Kong’s role in the development of modern-day Singapore and its influence on the Asian region. My focus
