Strategic Management-Cheung Kong Holdings Limited

Cheung Kong holdings limited (CKH) is a real estate development and strategic investment company. The chairman of CKH is Lee Ka Shing (CKH, 2012). Cheung Kong Holdings is one of the largest developers of residential and hotel properties in Hong Kong. CHK actively developed in new business area like lifescienceand other business. CKH has many investments in different countries around the world, policy changing will lead to an impact on the financial conditions, operations and growth of the business.

It increasingly exposed to different and changing political, social, legal and environmental requirements at the local or international level. For example, Hong Kong government set up a policy on restrictions of saleable area on the first-hand resident properties and the quality of buildings. Also, as accounting standards continue to develop, professional accounting body may issue more new regulations. CKH has many investments in China, CKH is required to adopt new accounting policies like tax systems and increase transparency of the company performance to investors.

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