In July 2017, Hutchison sold HGC to a private equity fund Asia Cube Global.

[1] Hutchison Global Communications (HGC) was a major investor in the fibre-optic networks of Hong Kong.

[2] In 2003, the year of deregulation of the market of telecommunication of Hong Kong, HGC was one of the competitor of PCCW, the dominant operator at that time, which PCCW was majority owned by Richard Li, the younger son of the chairman of Hutchison Whampoa, Li Ka-shing.

[7][8] A scandal was also exposed in the same year, which Vanda Systems & Communications Holdings, already an associate company of the mega-conglomerate Cheung Kong Holdings–Hutchison Whampoa in 2000, was involved in insider trading.

[10] After the ultimate listed parent companies of the group, Cheung Kong and Hutchison merged to form CK Hutchison Holdings and CK Asset Holdings in 2015, HGC was sold to independent third parties Asia Cube Global in July 2017.