Hong Kong's CK Hutchison under fire

Hong Kong's CK Hutchison under fire after China criticism of ports sale to US
China's Hong Kong and Macau Affairs Office (HKMAO) reposted a commentary criticising CK Hutchison's port deal with U.S. firm BlackRock as a betrayal of China, sending shares of the Hong Kong-based conglomerate sharply lower on Friday.
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.
China urges CK Hutchison to ‘think twice’ on Panama ports deal
Shares in Hong Kong-based conglomerate CK Hutchison fell 5 per cent on Friday after China criticised the sale of its Panama Canal ports and said it should “think twice” about the $22.8bn deal with US asset manager BlackRock.
CK Hutchison's Shares Drop After China Posts Critical Commentary on Port Sale to U.S. Interests
On Thursday, the state-owned Ta Kung Pao newspaper based in Hong Kong published a commentary saying the deal "betrays and sells out the whole of Chinese people," neglects national interests and shows CK Hutchison has no "backbone" and is profit-seeking.
China Amplifies Newspaper's Attack on CK Hutchison Over Panama Ports Deal
China’s top office on Hong Kong issues reposted a sharp attack on CK Hutchison Holdings Ltd. for agreeing to sell a controlling stake in Panama ports, warning companies to be very careful about which “side they should stand on.
Chinese battery giant CATL posts annual revenue drop ahead of Hong Kong listing
The world's largest electric-vehicle battery maker has filed for a listing in Hong Kong, without disclosing the exact size ...
China Condemns Panama Canal Deal, Asserting a Right to Influence the Region
The Hong Kong conglomerate CK Hutchison’s planned sale of ports in Panama to a group led by BlackRock, the American finance ...
China blasts ‘spineless’ plan to sell Panama Canal ports to BlackRock
China has sharply criticized a proposal to sell ports in the Panama Canal to American asset management giant BlackRock, attacking the deal as “spineless groveling” and a “betrayal” of the Chinese ...
Hong Kong task force to look into gastroenteritis cases on mainland study trips
Education chief Christine Choi urges schools to prioritise pupils' safety, take preventive measures and stay informed about ...
Another company is caught in the US-China fight, and investors are worried
A state-owned Hong Kong media outlet said CK Hutchinson's sale of ports at the Panama Canal to a BlackRock-led consortium is a betrayal.
Son of Hong Kong ex-publisher Jimmy Lai says he could die in jail, calls for release
The son of prominent Hong Kong former publisher Jimmy Lai, who is facing possible life imprisonment in the Chinese city, has ...
South China Morning Post wins 12 prizes at Hong Kong News Awards
Editor-in-chief Tammy Tam praises ‘outstanding’ work, as Post picks up awards across categories from writing and reporting to photography and design.
Hong Kong Free Press12h
130-year-old Hong Kong temple and a former maternity hospital declared as monuments
A 130-year-old temple in HK and a former maternity hospital that opened in 1922 have been declared as monuments by the city's ...
Amundi Says Investors See Better Valuations in China Than US
Global investors are finding better value in China and Hong Kong than in the US, driving market gains in recent weeks, ...
Hong Kong fintech sector sees 250% blockchain growth since 2022
Hong Kong’s fintech sector reports a 250% rise in blockchain firms and a projected $606 billion market by 2032, fueled by ...