The company founded by 96-year-old Li Ka-shing is caught up in Donald Trump’s complaints about China’s influence
The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he sees as China’s influence over the waterway critical to global trade.
The company said the loss for 2024 could come in at HK$126.6 million (US$16.3 million) versus a profit of HK$17.3 million the previous year
After a lifetime of dealmaking, 96-year-old Hong Kong billionaire Li Ka-shing may have just pulled off one of his boldest transactions yet.
The Post revisits how firm’s port empire was built and looks ahead at what the surprise divestment means for future of world trade.
Hong Kong billionaire Li Ka-shing's CK Hutchison Holdings plans to sell its global ports business for over $19 billion to a BlackRock-led consortium, amid pressures from geopolitical tensions. The deal covers 43 ports in 23 countries,
Though Hong Kong’s economy grew at a modest pace of 2.5% in 2024, China’s stimulus measures lifted investor sentiment, driving up the benchmark Hang Seng index by more than a
AFTER a lifetime of dealmaking, 96-year-old Hong Kong billionaire Li Ka-shing may have just pulled off one of his boldest transactions yet. Read more at The Business Times.
Gleneagles Hospital Hong Kong (Gleneagles) is excited to be the first private hospital in Asia to offer Histotripsy treatment, the transformative and non-invasive technology that uses high-intensity ultrasound waves to destroy tumours for liver cancer patients.
Under pressure from US President Donald Trump, HK firm Hutchison said Tuesday it had agreed to sell its lucrative Panama Canal ports to a US-led consortium.
The flash sale of a Hong Kong-owned global ports business highlights geopolitical volatility, executives and analysts said.
Hong Kong stocks rose for a third day on Friday, putting the benchmark gauge on course for its biggest weekly gain in almost two months, as optimism grew that China would take more steps to support the nation’s economic growth and technology innovation.