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30-622: Hutchison Whampoa Limited ( HWL ) was an investment holding company based in Hong Kong. It was a Fortune Global 500 company and one of the largest companies listed on the Hong Kong Stock Exchange . HWL was an international corporation with a diverse array of holdings which included the world's biggest port, and telecommunication operations in 14 countries that were run under the 3 brand. Its businesses also included retail, property development, and infrastructure. In 2015,

60-920: A joint-venture company, Harbour Plaza Hotel Management to operate and manage hotels under the portfolio of the Hutchison Property division. A.S. Watson Group (ASW), HWL's retail arm, operates its flagship retail chains in Asia such as Watsons , ParknShop supermarket, TASTE food galleria , GOURMET boutique style fine food hall, GREAT Food Hall , Fortress electrical appliances store, Watson's Wine Cellar and Nuance-Watson duty-free operator. In Europe, ASW's retail network comprises health and beauty chains: DC , Drogas , Kruidvat , Rossmann , Savers Health & Beauty , Superdrug , Trekpleister  [ fr ; nl ] , Spektr and Watson's , as well as luxury perfumeries and cosmetics retail brands: Marionnaud, ICI Paris XL and The Perfume Shop . A.S. Watson

90-716: A mobile phone service, was launched, which became a major player in telecommunications in the 1990s. By 2004, Li's equity in Hutchison Whampoa had gradually increased to 49.9%. In March 2011, Hutchison Port Holdings Trust (HPHT) announced that the company would IPO through Singapore Exchange for about US$ 5.4 billion. This would be the largest offering in South East Asia and surpass Petronas Chemicals ' offering of about $ 4.1 billion. In January 2015, Li Ka-shing entered into talks with Telefónica to buy its British mobile division, O2 , for around $ 15.4 billion, but

120-480: A restructured Hutchison Whampoa to another British firm. The bank instead sold off the company on generous terms to Li Ka-shing . On 25 September 1979, at the close of trade in London , HSBC announced that it was selling its 23% stake in Hutchison Whampoa to Cheung Kong Holdings for HK$ 639 million. During the 1980s, Hutchison Whampoa bought 33% of Hong Kong Electric Holdings . In 1985, Hutchison Telecommunications ,

150-529: Is owned directly by Cheung Kong Holdings , the holding behind Cheung Kong group to which HWL belongs. Additionally, HWL is an official backer of the .mobi top level domain created specifically for the mobile internet and has launched the mobile portal Three.mobi under its "3" brand. Hutchison Whampoa attempted to purchase O2 for £10.25 billion in March 2015, but the European Commission blocked

180-448: Is the list of Top 10 companies: As of August 2020 , this is the list of the Top 10 countries with the highest earning Top 500 companies: The Global 500 includes Unilever under the heading "Britain/Netherlands", as the company is counted in the tally for both countries. The following are the top-ranked companies in 2020 for each sector: As of August 2020 , just 24 (5%) of

210-698: Is the world's largest health and beauty retailer. Cheung Kong Infrastructure (CKI), HWL's infrastructure arm, is a diversified infrastructure company with businesses in transportation, energy, infrastructure materials, water plants and related operations. HWL was a major shareholder of Husky Energy , one of Canada's largest energy and energy related companies, holding 33.97%. HWL owned the " 3 " brand. It also owns 60.4% of Hutchison Asia Telecommunications (HAT), which provides mobile phone networks and data services in Asia. The company's subsidiary 3 Group Europe owns its '3' branded businesses in Europe. Another 1% of HAT

240-658: The Cayman Islands , rather than Hong Kong. In May 2015, Hutchison revealed plans to sell one-third of its stake in its British-based mobile phone businesses for a potential fee of $ 4.3 billion to five investors including GIC Private Limited , Canada Pension Plan Investment Board , Abu Dhabi Investment Authority , BTG Pactual and Caisse de dépôt et placement du Québec . HWL operated in 54 countries and employed around 230,000 staff worldwide. The company had six core businesses, most of which transferred to CK Hutchison: Hutchison Port Holdings (HPH) operates across Europe,

270-516: The Middle East , Africa , Europe , the Americas and Australasia . In 2005, HPH was the largest port operator in the world, with a 33.2 million TEU throughput, and 8.3% world market share. In April 2006, Hutchison Whampoa sold a 20% share of Hutchison Port Holdings Limited to PSA International for $ US4.4 billion, retaining ownership of the remaining 80%. In 2011, some of the assets

300-412: The initial public offering . In December 2016 The Trust's subsidiaries Yantian International Container Terminals (Phase III) Limited  [ zh ] and Shenzhen Pingyan Multimodal Company Limited, jointly purchased 80% shares of Huizhou International Container Terminals (HICT) from Hutchison Port Holdings for US$ 86.26 million. In January, 2017 HPH Trust signed a strategic agreement to manage

330-742: The Americas, Asia, the Middle East and Africa. It operates in five of the seven busiest container ports in the world, handling 13% of the world's container traffic. Hutchison Whampoa operates container terminals in Panama, as well as Mexico and other parts of the Americas. From office buildings in Hong Kong, Beijing, Shanghai, to luxury residential properties in the United Kingdom, Hutchison Whampoa Property develops and invests in real estate. Together with Cheung Kong Holdings , HWL has set up

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360-547: The Fortune Global 500 companies are located outside East Asia , North America , and Europe : The following are the top-ranked companies in 2022 for each sector: The following is the list of Top 10 companies: As of August 2021 , this is the list of the Top 10 countries with the highest revenues Top 500 companies: As of August 2021 , just 21 (4%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe: The following

390-429: The Fortune Global 500 companies are located outside East Asia, North America, and Europe: The following is the list of Top 10 companies: As of July 2019 , this is the list of the Top 10 countries with the most Global 500 companies: The Global 500 includes Unilever & Royal Dutch Shell under the heading "Britain/Netherlands", as the company is counted in the tally for both countries. The following are

420-452: The Global 500 rankings. Most of this growth is accounted for by a rapid increase in the number of Chinese Global 500 companies, of which there were 135 by 2021, increasing from only 10 in 2001. The share of European -based companies also declined, from 158 to 143, over the same period. The following is the list of Top 10 companies in 2023: These are the Top 10 countries/territories with

450-599: The United Kingdom) and three in East Asia (China, Japan and South Korea). Moreover, the top six (United States, China, Japan, Germany, France and the United Kingdom) are the world's largest economies as estimated by the IMF ( List of countries by GDP (nominal) ). Among the Global 500, 379 companies (75.8%) are from these six countries. The following are the top-ranked companies in 2018 for each sector: The following are

480-593: The acquisition in May 2016. Hutchison Whampoa has received criticism from charities such as the Burma Campaign UK and appear on the charity's 'dirty list' for their involvement in trade with the military junta in Burma. They state that the company's subsidiary Myanmar International Terminals Thilawa (MITT) is "strategically positioned to facilitate and service Myanmar's international trade" and are concerned about

510-435: The company merged with Cheung Kong Group as part of a major reorganisation of the group's businesses. The combined business was renamed CK Hutchison Holdings . Hutchison Whampoa originated as two separate companies, both founded in the 19th century. Hong Kong and Whampoa Dock was formed in 1863 by John Couper, as a port management company. Hutchison International, a wholesale trading company and importer of consumer products,

540-473: The company's entry into the port as a terminal operator as of 2017. Hutchison will provide expert consultative services to reform and improve Ukraine's port industry. Hutchison Port Holdings Trust is a listed trust in Singapore Exchange . Hutchison Whampoa only owned 25% stake, but had the rights to influence the trust by controlling the key stake of changing the trustee they nominated before

570-406: The company, though it was later taken over by the bank. HSBC took a 22% stake in the company and replaced Clague. In 1977, Hutchison Whampoa Limited was formed as a result of merger between Hutchison International Limited and Hong Kong and Whampoa Dock Company Limited. A year later Hutchison Whampoa was listed on the stock exchange. In 1979, Michael Sandberg convinced G. M. Sayer to not hand over

600-518: The deal was blocked in 2016 by the EU's Competition Commissioner . In January 2015, Li Ka-shing confirmed plans for Cheung Kong Holdings to purchase the remaining shares in Hutchison Whampoa that it did not already own, and merge the two companies as CK Hutchison Holdings. The merger is part of a larger reorganisation of Li's businesses, which will involve the spin-off of property assets into Cheung Kong Property. The new holding company has been incorporated in

630-532: The heading "Britain/Netherlands", as the company is counted in the tally for both countries. As can be seen from the table above, 425 (85.0%) of the Global 500 are represented by only 10 countries: two in North America (Canada and United States), five in Western Europe (France, Germany, Netherlands, Switzerland, and the United Kingdom) and three in East Asia (China, Japan and South Korea). Moreover,

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660-476: The highest revenues from the Top 500 companies as of August 2023: As of August 2023 , 28 (6%) of the Fortune Global 500 companies are located outside East Asia , North America , and Europe : The following are the top-ranked companies in 2023 for each sector: The following is the list of Top 10 companies in 2022: These are the Top 10 countries with the highest revenues from the Top 500 companies as of August 2022: As of August 2022 , 26 (5%) of

690-485: The most Fortune 500 headquarters. On June 3, 2011, the Atlanta Business Chronicle stated examples of Fortune including regional headquarters for some cities, excluding regional headquarters for other cities and in some cases excluding headquarters that are physically located inside a city limit. Since 2001, there has been significant change in the geographical distribution of the companies in

720-403: The role foreign investment plays in "perpetuating" the country's brutal regime. Fortune Global 500 The Fortune Global 500 , also known as Global 500 , is an annual ranking of the top 500 corporations worldwide as measured by revenue . The list is compiled and published annually by Fortune magazine. Until 1989, it listed only non– United States industrial corporations under

750-554: The title "International 500" while the Fortune 500 contained and still contains exclusively United States corporations. In 1990, United States companies were added to compile a truly global list of top industrial corporations as ranked by sales. Since 1995, the list has had its current form, listing also top financial corporations and service providers by revenue. Several inconsistencies exist in Fortune 's ranking of cities with

780-482: The top six (United States, China, Japan, France, Germany, and the United Kingdom) are some of the world's largest economies as estimated by the IMF ( List of countries by GDP (nominal) ). Among the Fortune Global 500, 371 companies (74.2%) are from these six countries. The top-ranked companies in each sector are as follows: Hutchison Port Holdings In 2016, the network comprised 48 port operations throughout Asia ,

810-457: The top-ranked companies in 2018 for each industry: Most profitable The following is the Global 500 list sorted by profits: The following is the list of Top 10 companies: Fortune had previously listed Shell as a British/Dutch company, but as of the 2016 listing it is listed as Dutch. As of November 2017 , this is the list of the Top 10 countries with the most Global 500 companies: The Global 500 includes Unilever under

840-560: The top-ranked companies in 2019 for each sector: The following is the list of Top 10 companies: As of July 2018 , this is the list of the Top 10 countries with the most Global 500 companies: The Global 500 includes Unilever under the heading "Britain/Netherlands", as the company is counted in the tally for both countries. As shown in the table above, 436 (87.2%) of the Global 500 are represented by only 10 countries: two in North America (Canada and United States), five in Western Europe (France, Germany, Netherlands, Switzerland and

870-628: Was founded in 1877 by John Duflon Hutchison. In 1965, Hutchison International under the leadership of Sir Douglas Clague gained a controlling interest of Hong Kong and Whampoa Dock . He pursued an aggressive path of diversification, acquiring A.S. Watson , Davie, Boag and Co. Ltd., Hong Kong and Whampoa Dock Co. Ltd. , and China Provident Co. Ltd. A decade later, however, the conglomerate reported losses of HK$ 130 million and became unable to service its growing debt. In 1975, Clague lost control of Hutchison Whampoa due to disastrous speculation on foreign currency and stock markets. HSBC refused to bail out

900-476: Was spin-off as a listed company as Hutchison Port Holdings Trust  [ zh ] ; the listed company was incorporated as a business trust under Singapore's Business Trusts Act. In September 2016, HPH rebranded its network as Hutchison Ports. In December 2016, the Chornomorsk commercial seaport in western Ukraine, signed a cooperation agreement with Hutchison Ports. Among the agreed upon points are

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