CK Hutchison shares rise 1% despite China’s criticism of Panama ports deal
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In Hong Kong, shares belonging to the conglomerate CK Hutchison increased by 1% on Tuesday in anticipation of an upcoming agreement to sell its Panama ports to a consortium led by BlackRock. The deal is set to be finalized by April 2. Despite reports last week of a delay in part of the sale, sources affirm that the deal is still on track and has not been canceled. Criticism of the deal by pro-Beijing media portrays it as a betrayal of China. Reporting on this development is done by Donny Kwok, with writing by Anne Marie Roantree and editing by Christian Schmollinger.

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