OREANDA-NEWS. Fitch Ratings has affirmed CK Hutchison Holdings Limited's (CKHH) Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A-' with a Stable Outlook, and foreign-currency senior unsecured rating at 'A-'.

Diversified Business, Stable Cash Flow: CKHH's ratings reflect its strong business profile and geographical diversification, and stable cash flow generation from high-quality ports, retail, telecommunications, infrastructure and energy businesses. No single business division accounted for more than 35% of pro forma EBITDA in 2015. The infrastructure and ports businesses (together 48% of pro forma EBITDA in 2015) provide visible, recurring cash flows.