Reported about 20 hours ago
Chinese officials have escalated their criticism of CK Hutchison Holdings Ltd. regarding its planned sale of Panama port stakes to BlackRock. A commentary in Ta Kung Pao echoed concerns that the deal may be detrimental to China, questioning the motivations behind transferring significant assets to U.S. interests. This backlash has affected CK Hutchison's stock, highlighting the difficulties companies face amid rising tensions between China and the U.S.
Source: YAHOO