Market regulator empowered to put limits on sale or even halt deal under Anti-Monopoly Law, legal experts explain.
US policies to curb China’s perceived influence on global shipping and shipbuilding are facing pushback – but Trump seems ...
Hong Kong’s richest family, led by Li Ka-shing, held firm against Beijing over the planned sale of its Panama ports assets to ...
CK Hutchison has operated the Balboa and Cristóbal ports since 1997, when Panama granted the company 25 year concessions for the facilities. The concessions were renewed for another 25 years in 2021.
Hong Kong company CK Hutchison's $22.8 billion deal to sell dozens of ports was originally to be inked on April 2.
CK Hutchison, one of the largest conglomerates in Hong Kong, earlier this month announced plans to sell its stake in two ports on the Panama Canal to a group of US investors led by BlackRock. The plan ...
Beijing launched a review of Hong Kong-based CK Hutchison’s planned sale of its Panama Canal ports to a US-based firm, ...
Foreign Ministry spokesman Guo Jiakun reiterated on Monday that China will review the sale of two ports on the Panama Canal ...
Hong Kong-listed CK Hutchison became a punching bag of China's diplomatic setback after it signed an “in principle” agreement ...
The transaction has drawn fierce criticism from influential Chinese political offices, including the mainland’s Liaison ...
President Trump has championed the deal, calling it a significant step in bolstering hemispheric defense and reducing China’s ...
China senses a betrayal by the Li family's plans to shed global assets as part of their effort to deal their way out of a ...