China urges CK Hutchison to ‘think twice’ on Panama ports deal
A strongly worded commentary, which attacked the US for pressuring the deal “through despicable means”, first appeared in Beijing-backed newspaper Ta Kung Pao in Hong Kong and was republished by China’s top office for the territory’s affairs late on Thursday.
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%.
Beijing officials have shared a second article by the Ta Kung Pao newspaper criticising the sale by Hong Kong conglomerate CK ...
Chinese authorities increased pressure on CK Hutchison Holdings Ltd over its plan to sell its Panama ports stake by sharing a second newspaper commentary attacking the deal.
Hong Kong tycoon Li Ka-shing’s company CK Hutchison Holdings, which recently sold its Panama Canal ports, should think twice ...
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