It is said that there are three big secrets in the world: the formula for Coke, the wealth of the Queen and how much money Hutchison Whampoa, Hong Kong’s sprawling telecoms-to-retail conglomerate, makes in a year. It is good news, then, that Hutch’s plan to spin off 75 per cent of its Pearl River Delta port assets into a listed business trust in Singapore will make its accounts slightly less incomprehensible than before. But this is probably the least of the plan’s benefits.
據(jù)說世界上有三大秘密:可口可樂的配方、英國女王的財富以及和記黃埔(Hutchison Whampoa)一年內(nèi)賺多少錢。和記黃埔是香港一家規(guī)模龐大、業(yè)務(wù)覆蓋從電信到零售的企業(yè)巨頭。那么,和記黃埔將旗下珠江三角洲港口資產(chǎn)的75%剝離至一家企業(yè)信托公司并讓其在新加坡上市的計劃,不失為一個好消息,因為這能讓它的賬目變得稍稍容易理解一些。但這一計劃的益處遠遠超過這一點。