China signals anger at CK Hutchison's Panama ports sale, rattling investors
HONG KONG -- Chinese authorities have signaled their displeasure over Hong Kong conglomerate CK Hutchison selling its Panama Canal port assets to a consortium led by U.S. investment firm BlackRock, pushing the Li Ka-shing family company's share price sharply lower.
The Manila Times on MSN26m
Hutchison under fire again for Panama dealHong Kong conglomerate CK Hutchison is under renewed pressure from Beijing after selling its Panama Canal ports, with Chinese authorities publishing newspaper criticism of the deal for the second time ...
Beijing officials have shared a second article by the Ta Kung Pao newspaper criticising the sale by Hong Kong conglomerate CK ...
The Panama Maritime Authority, which oversees shipping and port infrastructure in the country, will request all legal and ...
BlackRock's consortium has also agreed to acquire a controlling stake in CK Hutchison's 43 other ports with 199 berths across ...
BlackRock, one of the largest U.S. asset management firms, signed an agreement with CK Hutchison Holdings to acquire 90% of ...
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