CK Hutchison Holdings is a conglomerate company that provides products and services across logistics, retail, energy infrastructure, connectivity, and investments. It operates through five business segments: Ports and Related Services, Retail, Infrastructure, Telecommunications, and Finance and Investments. The Ports and Related Services segment operates container terminals. The Retail segment consists of the A. S. Watson group of companies and is engaged in the health and beauty sector. The Infrastructure segment invests in energy, transportation, water, waste management, household infrastructure, and other related businesses. The Telecommunications segment consists of CK Hutchison Group Telecom Holdings which also consolidates the 3 Group Europe. The Finance and Investments sector invests returns earned on the Group’s holdings of cash as liquid investments. The company was formed as a result of a merger between Cheung Kong Holdings and Hutchison Whampoa.