The major shareholders of CK Asset Holdings Limited primarily consist of entities associated with the Li Family, including various foundations, alongside institutional investors. These key shareholders hold significant stakes, reflecting a concentrated ownership structure.
Understanding CK Asset Holdings Limited's Ownership
CK Asset Holdings Limited (CKA) is a prominent real estate developer based in Hong Kong. Its ownership is largely dominated by interests linked to its founder, Li Ka-shing, and his family. This concentrated ownership structure allows the Li Family to maintain significant control over the company's strategic direction and operations.
Key Shareholders
The following table details the major shareholders of CK Asset Holdings Limited, their respective ownership percentages, and the value of their holdings:
| Shareholder Name | Ownership Percentage | Equities Held (Shares) | Valuation (Approx.) |
|---|---|---|---|
| Li Family | 33.41% | 1,169,244,010 | $4,778 million |
| Li Ka Shing Foundation Ltd. | 10.61% | 371,235,598 | $1,517 million |
| Li Ka Shing Global Foundation | 3.016% | 105,547,735 | $431 million |
| BlackRock Fund Advisors | 1.019% | 35,657,211 | $146 million |
Insights into Shareholder Structure
- Dominance of Li Family: The Li Family, through direct holdings and various charitable foundations such as the Li Ka Shing Foundation Ltd. and Li Ka Shing Global Foundation, holds a substantial majority stake. This indicates a strong family influence on the company's governance and long-term vision. Li Ka-shing, one of Asia's most influential businessmen, founded Cheung Kong Holdings, the predecessor to CK Asset Holdings, and his legacy continues through these entities.
- Institutional Investment: While family-related entities are dominant, large institutional investors like BlackRock Fund Advisors also hold significant positions. BlackRock, being one of the world's largest asset managers, often invests in companies globally as part of its diverse portfolio management strategies. Their presence indicates institutional confidence in CKA's market position and future prospects.
- Strategic Control: The high percentage of shares held by the Li Family allows them to exercise considerable voting power, influencing key decisions such as board appointments, dividend policies, and major strategic acquisitions or divestitures.
Understanding the major shareholders of CK Asset Holdings Limited provides insight into its corporate governance and the influential figures and entities that shape its trajectory in the competitive real estate market.
