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, ...
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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 ...
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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 ...
CK Hutchison Holdings to sell unit operating ports near Panama Canal amid Trump pressure
Decision by Hong Kong-based conglomerate comes as US president pushes for greater control of critical trade route over ...
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CK Hutchison Holdings Limited (CKHUF)
Shares of CK Hutchison rose 12.4% in Hong Kong on Thursday, extending the previous day's 21.9% gain after the sale of its Panama Canal stake to BlackRock. The stock rose to as much as HK$52.95 ...
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 ...
Beware of Li Ka-shing’s Supersized Value Trap
A diversified conglomerate offers little value when globalization is out of favor. CK’s port deal is a chance to make amends ...