CK Hutchison Shares Surge Following Ports Deal with BlackRock

Reported about 10 hours ago

CK Hutchison's shares soared by 12.4% in Hong Kong after the company agreed to sell its Panama Canal stake to a BlackRock-led consortium, building on a previous day's gain of 21.9%. The stock reached its highest price since May 2023, surpassing the 2.2% increase in the Hang Seng Index, as the deal was praised by U.S. President Donald Trump.

Source: YAHOO

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