Annual Report 2021

ANNUAL REPORT 2021 147 19. INTERESTS IN SUBSIDIARIES (CONTINUED) (d) Non-wholly-owned subsidiaries of the Group that have material non-controlling interests The table below shows non-wholly-owned subsidiaries of the Group that have material non-controlling interests: Proportion of effective ownership Proportion of effective interests held by voting rights held by Accumulated Name of subsidiaries non-controlling interests non-controlling interests non-controlling interests 2021 2020 2021 2020 2021 2020 HK$’million HK$’million Shantou China Merchants Port Group Co., Ltd. (“SPG”) 40.00% 40.00% 40.00% 40.00% 4,797 4,677 Gainpro Group 35.00% 35.00% 35.00% 35.00% 4,855 4,874 Individually immaterial subsidiaries with non-controlling interests 10,643 9,958 20,295 19,509 The summarised financial information of SPG and its subsidiaries (the “SPG Group”) and the Gainpro Group is prepared in accordance with the significant accounting policies of the Group.

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