Pillars of the Li Empire
cnn.com
Even without HKT, Li companies account for 23% of Hong Kong's market capitalization. With just the family behind it, Tom.com's value hit $2.8 billion on its March 1 debut
Cheung Kong (Holdings)</b?
Property development, investment holding
Li Ka-shing, chairman
Victor Li Tzar-kuoi, vice chairman and MD
1998 Sales $1.52b.
1998 Net profit $1.22b.
Market value $30.5b.
Top shareholder: Li Ka-shing (34.99%)
Hutchison Whampoa
Ports, telecommunications, retail, investment
Li Ka-shing, chairman
Victor Li Tzar-kuoi, deputy chairman
Richard Li Tzar-kai, deputy chairman
Sales $6.59b.
Net profit $1.04b.
Market value $60.6b.
Top shareholder: Cheung Kong (49.9%)
Cheung Kong Infrastructure
Utilities, infrastructure
Victor Li Tzar-kuoi, chairman
1998 Sales $422m.
1998 Net profit $366m.
Market value $3.1b.
Top shareholder: Hutchison (84.6%)
Hongkong Electric
Electric power for Hong Kong Island
Victor Li Tzar-kuoi, executive director
Richard Li Tzar-kai, executive director
1998 Sales $1.19b.
1998 Net profit $637m.
Market value $6.3b.
Top shareholder: Cheung Kong Infra. (36.1%)
Pacific Century CyberWorks
Broadband networks, Internet ventures
Richard Li Tzar-kai, chairman and CEO
1998 Sales $36.4m.
1998 Net loss ($8m.)
Market value $25.7b.
Top shareholder: Pacific Century Regional Devts. and affliliates (59.3%, controlled by Li)
Tom.com
Internet ventures
No sales, profits or Li family board members
Market value $2.8b.
Top shareholders: Cheung Kong (32.29%), Hutchison (16.15%) |
