CK Hutchison shares surge on Panama ports deal
Shares of CK Hutchison Holdings (CKHH), the flagship of retired Hong Kong billionaire Li Ka-Shing’s corporate empire, have surged over 30% in the past two days after the conglomerate sold its stake in two Panama Canal ports to a BlackRock-led consortium amid pressure from US President Donald Trump.
Shares of CK Hutchison were set to open up 2.9% in Hong Kong on Thursday, extending the previous day's 21.9% gain after the ...
Sentiment got a fillip after US Commerce Secretary Howard Lutnick said that the country might offer a pathway for tariff ...
Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is ...
Hong Kong's edge as a financial hub will erode further as the city becomes embroiled in China-U.S. tensions, with the flash ...
The National People’s Congress hints at looser monetary policies, as investors eye an afternoon media briefing by top ...
Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry. Beijing's ...
CK Hutchison stock gained more than 22% on Wednesday after the Hong Kong conglomerate sold a majority stake in a $22.8 ...
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