CK Hutchison Shares Drop

Beijing criticizes CK Hutchison’s $23 billion Panama Canal deal by reposting commentary that slams it as ‘an act of submission’
CK Hutchison dropped by over 6% in Hong Kong trading on Friday, even as the city's benchmark Hang Seng Index rose by over 2%.
CK Hutchison Shares Drop After Beijing Signals Unhappiness Over Panama Ports Deal
Beijing signaled its displeasure over CK Hutchison Holdings’ agreement to sell its majority controlling stake in Panama ports to a BlackRock-led consortium.
‘A betrayal’: top Beijing office runs scathing attack on Panama deal by Hong Kong’s Hutchison
Hong Kong tycoon Li Ka-shing’s company CK Hutchison Holdings, which recently sold its Panama Canal ports, should think twice about which side it wants to stand with, according to a scathing newspaper commentary posted by Beijing’s top office for the city’s affairs on its website.
China amplifies newspaper’s attack on CK Hutchison over Panama ports deal
The company agreed to sell a controlling stake in Panama ports that had become a political lightning rod. Read more at straitstimes.com.
Li Ka-Shing’s CK Hutchison To Sell Panama Canal Ports To BlackRock As Part Of $23 Billion Deal
The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he sees as China’s influence over the waterway critical to global trade.
State-backed paper’s criticism of Hutchison’s Panama port deal shared by Beijing’s office on Hong Kong affairs
China’s top office on Hong Kong affairs has reposted an attack on CK Hutchison’s decision to sell its Panama Canal ports, amplifying a Beijing-backed newspaper’s warnings for the Li Ka-shing-owned conglomerate to “think twice” about which side it stands on.
TradeWinds1h
Hutchison shares dive after claims Panama Canal sale ‘betrays all Chinese people’
A strongly worded opinion column in Beijing-backed newspaper Ta Kung Pao denounced the US pressure campaign and “a spineless, ...
Malay Mail12h
CK Hutchison stocks plunge after China slams Panama Canal ports sale under Trump pressure
Stocks in Hong Kong conglomerate CK Hutchison tumbled Friday after Chinese officials overseeing the city reposted a newspaper ...
The Tribune2d
Opposition: Does Hutchison port exit also involve DevCo?
# The Opposition yesterday pressed the Government on whether CK Hutchison Holdings’ plans to sell its interests in the ...
BlackRock-CK Hutchison Port Deal Shines Light on US Law Firm Paul Hastings
Li Ka-shing’s CK Hutchison Holdings Ltd. has hired law firm Paul Hastings LLP to work on the blockbuster sale of its ports ...
GlobalData on MSN8d
BlackRock-TiL consortium to acquire CK Hutchison’s port operations for $22.8bn
The BlackRock-TiL consortium, comprising financial giant BlackRock and Terminal Investment (TiL), will buy CK Hutchison ...
Fitch puts CK Hutchison Holdings’ ’A-’ rating on positive watch
Investing.com -- Fitch Ratings agency has placed the Long-Term Issuer Default Rating (IDR) of ’A-’ for CK Hutchison Holdings Limited (CKHH) on Rating Watch Positive (RWP). This move follows the ...
Morningstar9d
CK Hutchison Holdings Provides a Diverse Portfolio of Businesses
Conglomerate CK Hutchison Holdings is expected to continue focusing on acquisitions, spinoffs, and cost-containment to raise its profit. We think efforts to improve customer retention at its ...
The (Raleigh) News & Observer on MSN1d
‘Good Luck’: Trump Predicts Who to Blame Over Panama Failure
The Hong Kong-based conglomerate CK Hutchison Holdings has agreed to sell control of its port operations near the Panama ...