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.
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Local News Matters on MSNChanging the climate on science: Nationwide movement pushes back on cuts for researchAT University of California Berkeley’s Sproul Plaza, a spot famous for student activism, it was the professors’ turn to protest. Nearly 2,000 scientists, Nobel laureates, student researchers and elected officials gathered to rally against the Trump administration’s efforts to cut research funding,
BEIJING -- CK Hutchison, the Hong Kong-based conglomerate owned by tycoon Li Ka-shing's family, has agreed to sell port assets including those at the Panama Canal, where U.S. President Donald Trump objected to what he described as Chinese control.
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.
The flash sale of a Hong Kong-owned global ports business highlights geopolitical volatility, executives and analysts said.
The combined wealth of tycoons on the 2025 Forbes list of Hong Kong’s 50 Richest edged up to US$301 billion from $296 billion last year.
A consortium led by BlackRock has bought two ports on either side of the Panama Canal just a few weeks after President Trump threatened to use force to restore U.S. control over the energy chokepoint.
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.
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