hutchison ports hong kong - Search News

Panama Canal, BlackRock and Hutchison Port Holdings

BBC on MSN · 4d

Hong Kong-based company to sell Panama Canal ports

A Hong Kong-based company has agreed to sell most of its stake in two key ports on the Panama Canal to a group led by US investment company BlackRock.The sale comes after weeks of complaining by President Donald Trump that the canal is under Chinese control and that the US should take control of the major shipping route.

CBS News on MSN · 3d

BlackRock strikes $23 billion deal to place Panama Canal ports under American control

Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock consortium.

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.

Hong Kong firm offloads Panama ports after pressure by Trump

Hutchison subsidiary PPC has for decades run ports on the Pacific and Atlantic ends of the interoceanic waterway.

2don MSN

1 word to unpack Hutchison’s exit from Panama and other ports: geopolitics

Li Ka-shing’s company would have come under increased US scrutiny and risked fight in American court if it held on to ...

2d

As Trump hails taking back of Panama Canal, Hong Kong Inc walks tightrope

The flash sale of a Hong Kong-owned global ports business highlights geopolitical volatility, executives and analysts said.

2d

CK Hutchison Shares Set to Open up 2.9%, Extending Previous Day's Gains

HONG KONG (Reuters) - Shares of CK Hutchison were set to open up 2.9% in Hong Kong on Thursday, extending the previous day's ...

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