Sou Hu Cai Jing·2025-09-02 06:20Core Viewpoint - CK Hutchison Holdings is considering options for its global telecommunications assets, including a potential IPO in Hong Kong for its telecom business [2][7]. Group 1: Company Overview - CK Hutchison Holdings is a leading global telecommunications and data services operator, having entered the mobile telecommunications market in 1983 and continuously expanding its business [3]. - The company currently serves over 150 million customers worldwide and holds a leading market position in several regions [4]. Group 2: Financial Performance - For the six months ending June 30, 2025, CK Hutchison reported total revenue of HKD 240.663 billion, a 3% increase from HKD 232.644 billion for the same period in 2024 [6]. - The EBITDA for the same period was reported at HKD 56.983 billion, reflecting a 10% decrease compared to HKD 63.422 billion in the previous year [6]. Group 3: Strategic Considerations - The company is in preliminary discussions with Citigroup and Goldman Sachs regarding the potential IPO and is also exploring other alternatives, such as selling certain markets or consolidating operations in specific countries [6][7]. - There is consideration for London as a potential listing location, with previous reports suggesting a valuation of the telecom assets could reach between GBP 10 billion to 15 billion (approximately HKD 105 billion to 157.5 billion) [7].