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Hong Kong Inc walks tightrope

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.

The Washington Post · 2d

After Trump threats, Hong Kong firm to sell stake in Panama Canal ports

Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is selling its control in a firm that ran two ports on the canal.

BBC on MSN · 2d

Hong Kong billionaire to sell Panama Canal ports to US firm

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 firm 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.

Environment News Service (ENS)1h

U.S. Company Buys Panama Canal From Chinese Conglomerate

In a US$23 billion deal, the Hong Kong conglomerate CK Hutchison Holdings will sell all shares in Panama Canal ports to a U.S ...

2don MSN

Decision by Hong Kong-based conglomerate comes as US president pushes for greater control of critical trade route

Decision by Hong Kong-based conglomerate comes as US president pushes for greater control of critical trade route.

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